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Hi Gerrit,

Unfortunately, that's not likely to be correct. The Open Market Selling Price (OMSP) is something that Revenue in Ireland come up with, based on what they believe the car to be worth in Ireland. It rarely is directly related to the amount you pay for the car in the North. 

You'll need to take a look around the Irish classifieds to see if you can find similar cars for sale already registered in Ireland. That will give you a rough approximation of the OMSP. Then you apply the 41 per cent to that. Even so, Revenue's figure might be dramatically different - especially on such a rare car. 

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Hi Ed,

We put your question to Kia Ireland and it pointed out that it has no association with Kia UK - where the GT-line S is a regular trim level - and it decides its own trims lines and paint colours based on demand from Irish buyers.

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Hi Paul,

We need two things to estimate the VRT (and please note that we can only provide an estimate, and you need to take all factors into account for yourself). First is the CO₂ emissions rating to determine the VRT band. That will vary from model to model, even for a single variant such as the 530d.

Our data shows that car has an NEDC CO₂ rating of around 139g/km, but Revenue will ‘uplift’ that using its formula in a bid to make it comparable to WLTP-rated cars. That means it considers it to have CO₂ emissions of about 172g/km on importation.

This means Band 19 for VRT at 35 per cent.

That’s 35 per cent of the OMSP, the Open Market Selling Price as determined by Revenue, which is not always very easy to guess at, but a quick look at Irish classifieds suggests in and around €18,000, meaning VRT of €6,300.

Don’t forget you’ll be liable for the NOx levy as well, which will be high for that car.

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Hi Joanne,

No, we don’t think that would be possible unless you have a place of residence in the UK as well as here that the transaction could be done through. Also, it’s likely to violate the terms of any car finance agreement to take it out of the country and register it in another one - which you would have to do to use the car in Ireland.

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Hi Tony,

Happy to help someone find the car that suits them.

I suspect you’ve focused a little too much on one of the few negative things Neil said about the car’s suspension in that review, and I should point out that the “crash and bang” words were used specifically in conjunction with “when tackling rough-edged surfaces.” I myself spent a few weeks in the CX-80 on Irish roads in December, including driving on poorly surfaced country roads and found it generally to be excellent. Rough surfaces can make themselves felt, but no more than in any competitor vehicles.

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Hi Tony,

We have indeed. Take a look at our Mazda CX-80 reviews page for the written and video reviews.

We've also since driven the car on Irish roads, so come back to us if you have specific questions not answered in the review.

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Hi Michael,

VAT at 23 per cent is charged on the customs value, which as I mentioned before includes the purchase price (in the UK), the cost of transport and insurance, plus customs duties.

In your case, the purchase price is €13,610.77, which means customs duties of €1,361.08 (10 per cent). To those you’ll have to add the transport and insurance costs to bring the car back - i.e. your ferry fare. Let’s say €200. All that adds up to €15,171.85 as the customs value. The VAT should then be 23 per cent of that, or €3,489.53.

Please double check our calculations and take this as guidance only.

Expert answer

Hi Michael,

VAT at 23 per cent is charged on the ‘customs value’ of the car, which, according to Revenue is “the purchase price, plus the cost of transport and insurance, plus any Customs Duties payable”. It has nothing to do with the OMSP (Open Market Selling Price).

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Hi John,

That is all correct so long as certain conditions are met. You can check the validity of the Irish VAT number at the European Commission’s VIES VAT number validation page for a start.

You will also need proof from the buyer that the vehicle has been exported. Without that you may be liable to pay VAT on the sale to the UK government, even if you never actually charged the seller VAT.

And overriding all of this of course is the assumption that you are selling the vehicle as a VAT-registered entity with a VAT invoice. It would not apply to a private sale.

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Hi Richard,

We don't yet have Irish pricing for it. Keep an eye on our review of the car as we will update it as soon as BYD Ireland confirms the price.