UK HMRC Publishes Draft CBAM Legal Effect Notices and Carbon Pricing Verification Table

The UK’s HMRC has published draft notices on the legal effect of the Carbon Border Adjustment Mechanism (CBAM), along with supporting documents. The two notices are the draft notice on administrative provisions and carbon price relief, published on July 14, and the draft notice on emissions and verification, published on September 9. They have not yet taken effect and are scheduled to come into force on January 1, 2027, covering administrative and technical matters relating to the tax.