VATupdate
I Love United Kingdom (UK)

Share this post on

Open consultation – Draft regulations: Carbon Border Adjustment Mechanism (CBAM)

  • Technical Consultation on CBAM Legislation: A technical consultation is underway to gather stakeholder feedback on draft secondary legislation for the Carbon Border Adjustment Mechanism (CBAM), which will take effect on January 1, 2027, with the consultation closing on March 24, 2026.
  • Legislative Focus and Requirements: The draft legislation outlines administrative requirements for CBAM, including registration, tax returns, reimbursement arrangements, and record keeping, aimed at ensuring the effective operation of the tax.
  • Target Audience and Responses: The consultation is relevant for UK importers in specific sectors (aluminium, cement, etc.), previous consultation respondents, and international partners interested in CBAM. Feedback and queries should be submitted by email by the consultation deadline.

Source gov.uk



Sponsors:

Advertisements:

  • Exchange Summit