Thank you for your reply.
You say that the 23 per cent VAT to be paid on the car being imported from the UK is based on the customs value which according to Revenue includes the purchase price. Does this mean the purchase price I paid in the UK and the customs value reflects the UK purchase price or is the 23 per cent VAT based on the customs value or purchase price of the car in Ireland?
Apologies but when I read up on it, it does not state if it's UK or Irish customs value or purchase price so it's a little confusing and I don't want to end up buying a car and be hit with a huge VAT invoice.
If you could break it down that would be great. So, I take a flight to UK, buy the car for £11,500 (or €13,610.77) and drive it back myself using the ferry. What VAT is due? I know import customs duty is 10 per cent, I'm just stuck on VAT.
Kind regards