Is VAT on importing on the whole price of the car?
Filed under:
importing
The question
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 you
Asked by john breen ·
Expert answer
Hi John,
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.
Answered by Shane O' Donoghue