Day: 9 September 2026

The UK government has introduced a new Carbon Border Adjustment Mechanism (CBAM) tax that will apply to imported goods. This mechanism is designed to adjust tariffs based on the carbon content of products crossing UK borders. The policy affects importers of carbon-intensive goods and represents a shift in how the UK will levy duties on incoming trade to account for carbon emissions. Further details on implementation timelines and affected product categories are contained within the policy documentation.

Source: HMRC (GOV.UK) – Read the original

HMRC provides guidance on the requirements for obtaining a legally binding decision on commodity codes, which traders must use when importing or exporting goods. This process allows businesses to receive official confirmation of the correct commodity classification for their products before conducting trade. The information covers the steps and documentation needed to apply for such a decision to ensure compliance with customs regulations.

Source: HMRC (GOV.UK) – Read the original

HMRC has released the technical specifications and interface management documents that software developers must implement to support Real Time Information submissions for the 2027-2028 tax year. The guidance covers the rules, system architecture, and technical requirements for RTI compliance during this period. Employers and payroll software providers should review these specifications to ensure their systems remain compatible with HMRC’s submission requirements.

Source: HMRC (GOV.UK) – Read the original

The government has extended the deadline for using powers under Section 13 of the Energy Prices Act 2022, which allows the Secretary of State to provide financial support for energy costs. This represents the second extension of the time limit for these support provisions. The regulations enable continued flexibility in delivering energy cost assistance to affected parties beyond the original legislative timeframe.

Source: legislation.gov.uk – Read the original