- Government launched a consultation on UK Carbon Border Adjustment Mechanism
- CBAM will apply a charge on importers based on emissions in certain sectors
- Consultation includes questions on determining goods in scope, calculating liabilities, determining rates, and administration
- Consultation open until June 13, 2024
Source: taxscape.deloitte.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- Open consultation – Draft regulations: Carbon Border Adjustment Mechanism (CBAM)
- SAP Selected by HMRC to Lead Major Technology Transformation of the UK Tax System
- Supreme Court Clarifies VAT Recovery Rules for Corporate Groups After Hotel La Tour Decision
- Appeal Dismissed: Input VAT Denial and Personal Liability Upheld on Kittel Grounds for One Call Consultants
- Input VAT Denial Upheld: Kittel Assessment and Penalties Made Within Statutory Time Limit














