HM Revenue & Customs (HMRC) and HM Treasury has launched a public consultation on the introduction of a UK carbon border adjustment mechanism (CBAM), following its announcement in December 2023 to introduce a CBAM from 1 January 2027 on imports of certain carbon intensive imported goods from the following sectors:
- aluminium
- cement
- ceramics
- fertilisers
- glass
- hydrogen
- iron and steel.
This three month consultation sets out proposals for the design and administration of the mechanism and invites views from interested parties, including importers and their agents, other businesses, individuals, tax advisers, trade and professional bodies and other interested parties, including those overseas.
The deadline to complete the consultation is Thursday 13 June.
Go to the UK Carbon Border Adjustment Mechanism (CBAM) consultation for more information.
The EU Carbon Border Adjustment Mechanism
For those businesses needing to understand the EU’s Carbon Border Adjustment Mechanism (CBAM), 
join us at our FREE one-hour webinar where our expert, Richard Bartlett, will discuss the questions below and explain how you should prepare for CBAM.
- What is Carbon Border Adjustment Mechanism?
- When does it start?
- How will it work?
You will receive important key information to take away from the session including how to plan your sustainability strategy.
Date: Tuesday 7th May 2024 10.00am to 11.00am
Virtual: Zoom Platform
Cost to attend: FREE
