VATupdate

Share this post on

UK Carbon Border Adjustment Mechanism: Consultation Results and Implementation Plan

  • Consultation on UK carbon border adjustment mechanism
  • Published by HM Treasury and HM Revenue & Customs
  • Consultation ran for 12 weeks and received over 340 responses
  • Proposals for design and administration of UK CBAM
  • UK CBAM to be introduced on 1 January 2027
  • Carbon price on emissions intensive industrial goods
  • Sectors at risk of carbon leakage included
  • Glass and ceramics sectors not in scope from 2027
  • Sectoral scope to be reviewed beyond 2027.

Source: gov.uk

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.

Sponsors:

VAT news

Advertisements: