- HM Treasury and HMRC have launched a consultation on the UK Carbon Border Adjustment Mechanism (CBAM)
- The CBAM will apply a charge on importers of carbon-intensive goods in seven sectors
- The consultation includes questions on determining scope, calculating liabilities, determining rates, and administration
- Stakeholders can participate in roundtable discussions or join the CBAM mailing list by contacting [email protected]
- The consultation is open until 13 June 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"
- Hotelbeds v HMRC: Businesses Can Reclaim VAT Without Invoices, Court Rules
- VAT Report – What Is a VAT Report?
- Post-Brexit VAT Divergence and why the EU Forgives and the UK Doesn’t?
- Fiscal Solutions – Great News – The United Kingdom is now part of our Fiscal Portal!
- Post-Brexit VAT: Why the EU Accepts Imperfect Export Proof but the UK Demands Perfection
