Is VAT on importing on the whole price of the car?
On importing a car from the UK, is the VAT charged on the price paid for the car or just on the value of the 10 per cent custom duty?
Thank youJohn Breen (Kilkenny,)
Jan 2023 Filed under: importing
The VAT is charged on the "customs value of the car" according to Revenue, which includes "the purchase price, plus the cost of transport and insurance, plus any customs duties payable" - quite hefty in all cases.Shane O' Donoghue - Complete Car Advisor