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United Kingdom publishes CBAM rates and default values for 2027

  • UK CBAM will apply from 1 January 2027 to specified imported goods, imposing a carbon price on covered imports.
  • The government has published illustrative sector-level CBAM rates and a worked example to help businesses estimate potential CBAM costs; official Q1 2027 rates will be issued before year-end and then quarterly.
  • Default emissions values have been published for use where importers cannot determine actual emissions; these are trade-weighted average defaults by 8-digit commodity code, excluding EU data.
  • A 10% mark-up applies to all sectors except fertilisers, and the default values will apply for 2027 and 2028.
  • The government plans to introduce country-specific default values from 2029, reflecting the expected future exemption of EU-origin goods linked to UK-EU emissions trading scheme alignment.

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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