How much VRT to pay on a £595 car?
Filed under:
importing
The question
What is the amount of VRT I would have to pay buying a car from the North of Ireland worth £595?
Asked by paul darc ·
Expert answer
Hi Paul,
It depends on the car and its CO2 emissions. VRT is calculated on the basis of emissions starting at 14 per cent of the Open Market Selling Price (OMSP - or what Revenue calculates the car would sell for in Ireland) and topping out at 36 per cent.
That said, if the car is only costing you £595, the VRT isn't going to be very much regardless.
Answered by Neil Briscoe