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Consultation on UK Carbon Border Adjustment Mechanism: Design, Impact, and Administration Explained

  • 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.

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