What rate of VRT do we pay on new cars?
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VRT
The question
What rate of V.R.T. is levelled at new Irish cars in Ireland?
Asked by shay rafter ยท
Expert answer
Hi Shay,
Just as with motor tax, Vehicle Registration Tax is calculated based on the CO2 emissions of the car in question. It starts at 14 per cent of the wholesale price of the car (inclusive of options) for cars in the lowest tax band, 0- to 80g/km of CO2 rising to a maximum of 36 per cent for the highest band, for cars emitting more than 225g/km of CO2.
The most common bands are Bands A2 to A4 and B1 and B2, which run from 15 per cent to 19 per cent.
Answered by Neil Briscoe