toolkit

UK CBAM Readiness Toolkit

29.99
cbamcarbon-border-adjustmentcarboncompliancesustainabilityuk-etsimport-taxhmrc

A Practical Guide for Importers, Supply Chain Managers and Customs Professionals

Version 1.0 — April 2026


Contents

  1. What is the UK CBAM?
  2. UK CBAM vs EU CBAM: Key Differences
  3. Sectors and Products in Scope
  4. Timeline: Key Dates and Milestones
  5. Who is Liable?
  6. Registration Requirements
  7. How the CBAM Charge is Calculated
  8. Reporting Obligations and Data Requirements
  9. Carbon Price Relief (Overseas Credits)
  10. Emissions Data: Actual vs Default Values
  11. Step-by-Step Preparation Checklist
  12. Supplier Engagement: What Data to Request
  13. Cost Impact Estimation Methodology
  14. Penalties and Enforcement
  15. Where Guidance is Still Pending

1. What is the UK CBAM?

The UK Carbon Border Adjustment Mechanism is a new tax on the embedded carbon in certain imported goods. It takes effect on 1 January 2027.

Its purpose is to ensure that carbon-intensive products imported into the UK face a comparable carbon price to that borne by UK manufacturers under the UK Emissions Trading Scheme (UK ETS). Without CBAM, domestic producers pay a carbon price while overseas competitors do not — creating an incentive to shift production abroad (“carbon leakage”) rather than reduce emissions.

CBAM closes this gap. Importers of specified goods will register with HMRC, report the embodied emissions in their imports, and pay a tax based on the UK ETS carbon price.

Key characteristics:

  • Tax-based mechanism — Unlike the EU’s certificate/market-based CBAM, the UK’s version is a straightforward tax administered by HMRC
  • No transitional reporting phase — The UK goes straight to a definitive phase with financial obligations from day one
  • Direct emissions only at launch — Indirect emissions (from electricity used in production) are deferred until 2029 at the earliest
  • Linked to UK ETS — The CBAM rate reflects the UK ETS carbon price, adjusted for free allowances

Source: GOV.UK — Carbon Border Adjustment Mechanism; GOV.UK — CBAM Factsheet


2. UK CBAM vs EU CBAM: Key Differences

If your business also exports to the EU, you may already be dealing with EU CBAM obligations. The two mechanisms share a common goal but differ significantly in design.

FeatureUK CBAMEU CBAM
TypeTax (administered by HMRC)Market-based (certificate system)
Launch1 January 2027 (no transition)Transitional from Oct 2023; definitive from Jan 2026
SectorsAluminium, cement, fertiliser, hydrogen, iron & steelSame five + electricity + glass & ceramics
ElectricityExcludedIncluded
Emissions scopeDirect only (indirect from 2029)Direct and indirect
Registration threshold£50,000 imports over 12 months€150 minimum consignment value
First reporting periodAnnual (calendar year 2027)Quarterly (from definitive phase)
First return due31 May 2028Quarterly surrender of certificates
Rate settingQuarterly, per sector, by HMRCWeekly average EUA auction price
Default valuesSingle default per productEU-developed benchmarks
PenaltiesPenalty points (VAT-style) + sector offences€100/tCO2e + certificate purchase

Key implication: Businesses importing the same goods into both the UK and EU need separate compliance programmes. The systems are not interoperable at launch.

Source: Redshaw Advisors — Comparing UK and EU CBAM


3. Sectors and Products in Scope

CBAM applies to specific imported goods within five sectors. Products are identified by 8-digit commodity codes published in HMRC’s CBAM goods annexes.

Covered Sectors

SectorExamples of Products in ScopeNotes
Iron & SteelPig iron, ferro-alloys, flat-rolled products, bars, rods, tubes, wireScrap products generally excluded
AluminiumUnwrought aluminium, bars, rods, profiles, wire, plates, foilScrap aluminium generally excluded
CementPortland cement, aluminous cement, clinkerCovers key clinker and cement products
FertilisersAmmonia, nitric acid, urea, ammonium nitrate, mixed fertilisersBroad coverage of nitrogen-based fertilisers
HydrogenHydrogen gasEmerging sector; limited trade volumes currently

Not in Scope

  • Glass and ceramics — Originally proposed but removed in October 2024
  • Electricity — Excluded from UK CBAM (included in EU CBAM)
  • Refined fuel products — Subject to separate Call for Evidence; may be added later

How to Check

Review your import data against the published commodity code annexes. If you import goods classified under any of the listed codes, you are potentially in scope.

Action: Run a report of all imports by commodity code for the last 12 months. Cross-reference against the CBAM goods list published by HMRC.

Source: GOV.UK — CBAM Policy Summary


4. Timeline: Key Dates and Milestones

DateEvent
Q1 2026Technical consultation on draft secondary legislation (closed March 2026)
Q2–Q3 2026HMRC publishes detailed operational guidance
Q4 2026Trial CBAM rates published (one quarter before go-live)
1 January 2027UK CBAM commences — registration and financial obligations begin
31 January 2028Extended registration deadline for first-year importers
31 May 2028First annual return due (covering 1 Jan–31 Dec 2027)
1 January 2028Quarterly accounting periods begin
Q1 2028 onwardsQuarterly returns due within 2 months of period end
2029 (earliest)Indirect emissions potentially brought into scope
~2036Indicative end of 9-year free allocation phase-out for CBAM sectors

Free Allocation Phase-Out

From 2027, free allocation of UK ETS allowances for CBAM sectors will gradually phase out over approximately 9 years. This means domestic producers will progressively lose their free allowance protection as CBAM provides equivalent border protection.

Source: GOV.UK — CBAM Factsheet; GOV.UK — UK ETS Free Allocation Review


5. Who is Liable?

The liable person is the importer — specifically, the person who:

  • Completes the customs declaration for CBAM goods, or
  • Has CBAM goods imported into the UK on their behalf

In practice, this is typically the business named as the importer of record on the customs declaration. Tax agents and customs brokers may act on behalf of the liable person but cannot register independently.

Key points:

  • The obligation sits with the importer, not the supplier or freight forwarder
  • If you use a customs broker to clear goods, you remain liable — not the broker
  • Joint ventures and group structures: each importing entity registers separately
  • CBAM applies across the entire UK, including Northern Ireland, Crown Dependencies, and the UK Continental Shelf

Source: GOV.UK — CBAM Policy Summary


6. Registration Requirements

Threshold

You must register with HMRC if you meet either of these tests:

  1. Backward-looking test: You have imported CBAM goods worth more than £50,000 in the preceding 12 months
  2. Forward-looking test: You expect to import CBAM goods worth more than £50,000 in the next 30 days

Who is Excluded?

HMRC estimates that the £50,000 threshold will exclude over 80% of otherwise-affected importers, with over 70% of those excluded being SMEs. Approximately 10,000 businesses are expected to register.

Registration Timeline

  • Standard requirement: Register within 30 days of exceeding the threshold
  • First-year extension: For 2027, businesses have until 31 January 2028 to register
  • Registration is with HMRC via an online system (details to be published ahead of launch)

Information Required for Registration

  • Business name, registered address, company registration number
  • EORI number
  • VAT registration number (if applicable)
  • Expected import weights by sector
  • Details of authorised representatives (if any)

Source: GOV.UK — CBAM Policy Summary


7. How the CBAM Charge is Calculated

The CBAM liability follows a three-step formula:

Step 1: Calculate Gross CBAM Charge

Embodied emissions (tCO2e) x CBAM rate (£/tCO2e) = Gross CBAM charge

Step 2: Deduct Carbon Price Relief

If the goods were subject to a qualifying carbon price overseas (e.g., an ETS or carbon tax in the country of origin), the importer can claim Carbon Price Relief (CPR).

CPR = Effective overseas carbon price x Embodied emissions

CPR is capped at the gross CBAM charge — it cannot create a credit.

Step 3: Net CBAM Liability

Net liability = Gross CBAM charge - Carbon Price Relief

CBAM Rate

  • Set quarterly by HMRC, per sector
  • Reflects the UK ETS carbon price, adjusted for free allowances
  • Trial rates will be published in Q4 2026
  • The rate is applied per tonne of CO2 equivalent (tCO2e) of embodied emissions

Worked Example

A UK importer brings in 500 tonnes of hot-rolled steel from Country X.

  • Default embodied emissions for that product: 1.8 tCO2e per tonne of steel
  • Total embodied emissions: 500 x 1.8 = 900 tCO2e
  • UK CBAM rate (illustrative): £50/tCO2e
  • Gross charge: 900 x £50 = £45,000
  • Country X has an ETS with effective price of £10/tCO2e
  • CPR: 900 x £10 = £9,000
  • Net CBAM liability: £36,000

Note: Actual rates, default values, and CPR eligibility will be published by HMRC. This example is illustrative only.

Source: GOV.UK — CBAM Policy Summary


8. Reporting Obligations and Data Requirements

What You Must Report

Each return must include:

Data PointDetail
Commodity codes8-digit codes for each CBAM good imported
Net weightIn kilograms, per commodity code
Country of originPer consignment
Embodied emissionstCO2e per product (actual verified or default values)
Carbon price incurredAny qualifying overseas carbon price paid (in GBP)
CPR claimEvidence supporting Carbon Price Relief deductions

Reporting Periods

PeriodFrequencyReturn Due
2027Annual (1 Jan – 31 Dec 2027)31 May 2028
2028 onwardsQuarterlyWithin 2 months of period end

Data Sources You Will Need

  • Customs declaration data — commodity codes, origin, value, weight
  • Supplier emissions data — actual verified emissions per product (if available)
  • HMRC default values — published default emissions intensities (used where actual data is unavailable)
  • Overseas carbon pricing evidence — certificates, tax receipts, ETS compliance records

Record Retention

All documentation must be retained for 6 years, covering:

  • Import records and customs declarations
  • Registration details
  • Emissions verification reports
  • CPR calculations and supporting evidence

Source: GOV.UK — CBAM Policy Summary


9. Carbon Price Relief (Overseas Credits)

If your goods were produced in a country with a qualifying carbon pricing scheme, you can reduce your CBAM liability.

Qualifying Schemes Must Be:

  • Government-administered (not voluntary offset programmes)
  • Mandatory for relevant installations
  • Publicly transparent regarding rules and pricing
  • Verified by accredited, independent bodies

Examples of Potentially Qualifying Schemes

  • EU Emissions Trading System (EU ETS)
  • National carbon taxes (e.g., in Scandinavian countries)
  • Other national or regional ETS programmes

How to Claim

  1. Obtain evidence of the carbon price paid on the embodied emissions in your goods
  2. Convert to GBP using applicable exchange rates
  3. Include the CPR claim in your CBAM return
  4. Retain supporting documentation for 6 years

Verification

  • Actual emissions data: Must be verified by a body accredited under the International Accreditation Forum (IAF)
  • CPR evidence: Must be verified by a body accredited under the Global Accreditation Cooperation (GAC)

Note: Approximately 80% of CBAM goods imports originate from countries with some form of carbon pricing. Many importers will be eligible for at least partial CPR.

Source: GOV.UK — CBAM Policy Summary


10. Emissions Data: Actual vs Default Values

Importers can choose between two methods for determining embodied emissions:

Option A: Actual Verified Emissions Data

  • Obtained from the overseas producer/supplier
  • Must be independently verified by an IAF-accredited body
  • More accurate — may reduce liability if the producer has lower-than-average emissions
  • Requires supplier cooperation and data sharing

Option B: Default Emissions Values

  • Published by HMRC before CBAM commences
  • Single default value per product
  • Simpler to use — no supplier data needed
  • Will likely reflect conservative (higher) estimates
  • Best suited for importers who cannot obtain actual data from suppliers

Which Should You Use?

ScenarioRecommended Approach
Large, regular imports from cooperating suppliersActual verified data (lower cost potential)
Small, irregular imports or uncooperative suppliersDefault values (simpler compliance)
Imports from countries with advanced carbon reportingActual verified data
Imports from countries without established monitoringDefault values

Practical tip: Start engaging suppliers now. Even if you plan to use defaults initially, building the data pipeline for actual emissions will reduce costs over time as default values may be set conservatively.

Source: GOV.UK — CBAM Policy Summary


11. Step-by-Step Preparation Checklist

Phase 1: Assessment (Now – Q3 2026)

  • Identify CBAM goods — Review all import commodity codes against CBAM annexes
  • Quantify exposure — Calculate total import value and volume for in-scope goods
  • Determine registration obligation — Do you meet the £50,000 threshold?
  • Map your supply chain — Identify which suppliers and countries of origin are affected
  • Assign responsibility — Designate a CBAM compliance lead within your organisation
  • Brief senior leadership — Present the financial and operational impact

Phase 2: Preparation (Q3 2026 – Q4 2026)

  • Register for HMRC CBAM updates — Email cbampolicyteam@hmrc.gov.uk
  • Review trial CBAM rates (published Q4 2026) and estimate costs
  • Engage suppliers — Send data request templates (see Section 12)
  • Assess data readiness — Can your systems capture the required data points?
  • Evaluate IT systems — Ensure customs/trade management systems can support CBAM reporting
  • Decide: actual vs default emissions — Per supplier/product
  • Prepare CPR evidence — Identify which imports qualify for Carbon Price Relief
  • Budget for CBAM costs — Factor into procurement and pricing decisions

Phase 3: Go-Live (Q1 2027 onwards)

  • Register with HMRC (by 31 January 2028 for first-year importers)
  • Implement CBAM data capture in import processes
  • Monitor quarterly CBAM rates published by HMRC
  • Collect supplier emissions data per consignment
  • File first return by 31 May 2028
  • Pay CBAM liability by the return deadline
  • Review and optimise — Continuously improve data quality and CPR claims

12. Supplier Engagement: What Data to Request

Obtaining actual emissions data from suppliers will be critical for managing CBAM costs. Below is a template for initial supplier engagement.

Data Request Template

Subject: UK CBAM — Emissions Data Request

Dear [Supplier Name],

The UK is introducing a Carbon Border Adjustment Mechanism (CBAM) from 1 January 2027. As an importer of your products into the UK, we are required to report the embodied carbon emissions of goods we purchase from you.

To comply with this requirement and minimise additional costs, we need the following information for each product we import:

Product-Level Data Required:

  1. Product description and commodity code (8-digit HS code)
  2. Direct emissions intensity — tCO2e per tonne of product (Scope 1 emissions from production)
  3. Production facility details — Name, location, and capacity of the installation(s) where goods are produced
  4. Monitoring methodology — How emissions are measured or calculated
  5. Verification status — Whether emissions data has been independently verified, and by which body
  6. Carbon pricing — Details of any carbon tax or ETS charges applied to production, including:
    • Name of the carbon pricing scheme
    • Effective carbon price paid (per tCO2e)
    • Evidence/certificates of payment
  7. Precursor materials — Emissions data for any relevant precursor goods used in production (e.g., clinker in cement, pig iron in steel)

Timeline: We require this data by [date] to prepare for the January 2027 launch.

Please contact [your name/email] to discuss. We are happy to arrange a call to explain the requirements in more detail.

We value our partnership and want to work together to ensure compliance while minimising costs for both parties.

Tips for Supplier Engagement

  • Start early — Many suppliers will not be familiar with UK CBAM; allow time for education
  • Prioritise by volume — Focus first on suppliers providing the largest volumes of CBAM goods
  • Offer alternatives — Explain that if they cannot provide actual data, HMRC default values will be used (which may overstate emissions and increase costs)
  • Consider contractual updates — Future procurement contracts should include CBAM data obligations
  • Leverage EU CBAM precedent — Suppliers already providing data for EU CBAM may have systems in place

13. Cost Impact Estimation Methodology

Step 1: Identify In-Scope Imports

Pull import data for the last 12 months. Filter for CBAM commodity codes. Record:

  • Commodity code
  • Country of origin
  • Net weight (kg)
  • Import value (£)

Step 2: Estimate Embodied Emissions

For each product, multiply net weight by the emissions intensity factor:

Embodied emissions (tCO2e) = Net weight (tonnes) x Emissions intensity (tCO2e/tonne)

Use default values when available (HMRC to publish), or industry averages as proxies until then.

Step 3: Estimate Gross CBAM Cost

Gross cost = Embodied emissions x Estimated CBAM rate

For planning purposes before trial rates are published, use the current UK ETS carbon price as a proxy (approximately £40–60/tCO2e — check latest UKA auction prices).

Step 4: Estimate Carbon Price Relief

For each country of origin, check whether a qualifying carbon pricing scheme exists. If so:

CPR = Embodied emissions x Effective overseas carbon price

Step 5: Calculate Net CBAM Cost

Net cost = Gross cost - CPR

Step 6: Assess Impact

  • What percentage of your import costs does CBAM add?
  • Which products/suppliers drive the highest CBAM exposure?
  • Can any exposure be reduced through supplier changes, sourcing alternatives, or actual emissions data?
  • How does this affect your pricing, margins, and competitiveness?

Indicative Cost Benchmarks

ProductTypical Emissions IntensityIllustrative CBAM Cost per Tonne
Hot-rolled steel1.5–2.0 tCO2e/t£75–£120
Primary aluminium8–16 tCO2e/t£400–£960
Portland cement0.6–0.9 tCO2e/t£30–£54
Ammonia1.5–2.5 tCO2e/t£75–£150
Hydrogen9–12 tCO2e/t£450–£720

Based on illustrative CBAM rate of £50–60/tCO2e. Actual rates will vary.

Warning: These are planning estimates only. Actual costs will depend on HMRC-published rates, your specific supply chain, and whether you use actual or default emissions data.


14. Penalties and Enforcement

HMRC will enforce CBAM compliance through a penalty regime similar to existing tax frameworks.

Penalty Triggers

  • Failure to register when required
  • Late or missing returns
  • Late payment of CBAM liability
  • Errors in returns (inaccurate emissions or CPR claims)
  • Non-compliance with information notices from HMRC
  • Fraudulent evasion — criminal penalties apply

Penalty Structure

The UK CBAM uses a penalty points system (similar to VAT):

  • Points accrue for each compliance failure
  • At a threshold, a financial penalty is triggered
  • Serious or deliberate non-compliance may attract immediate penalties

Criminal Offences

Fraudulent evasion of CBAM is a criminal offence. HMRC has allocated an estimated £31 million through 2031 for enforcement and compliance monitoring.

Source: GOV.UK — CBAM Policy Summary


15. Where Guidance is Still Pending

Several areas remain subject to further government guidance as of April 2026:

AreaStatus
Detailed HMRC operational guidanceExpected ahead of January 2027
Default emissions values per productTo be published before launch
Detailed CPR qualifying scheme listTo be confirmed
CBAM IT system / registration portalUnder development by HMRC
Indirect emissions inclusionDeferred until 2029 at earliest
Refined fuel productsSubject to separate Call for Evidence
UK-EU ETS linking and mutual CBAM exemptionsUnder negotiation
Free allocation phase-out annual scheduleIndicative 9-year trajectory; annual rates TBC
Penalty points thresholdsTo be set in secondary legislation

How to Stay Informed

  • HMRC mailing list: Email cbampolicyteam@hmrc.gov.uk to subscribe
  • GOV.UK consultations page: Monitor draft regulations consultation
  • CBAM Joint Industrial Working Group: Industry engagement forum (contact HMRC for membership)
  • UK CBAM International Group: For international stakeholders

Disclaimer

This guide is based on published UK government policy documents and consultation responses as of April 2026. It is intended for informational and planning purposes only and does not constitute legal, tax, or regulatory advice. The UK CBAM framework is subject to change as secondary legislation is finalised and HMRC publishes operational guidance. Businesses should seek professional advice tailored to their specific circumstances.

Key GOV.UK Sources: