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How much VRT on imported Dacia Duster?

Thinking of importing a Dacia Duster from the UK - 2015, cost Sterling £9,000. Any idea what tax/VRT would be liable?

Steve Royston (Listowel)

Jan 2017 Filed under: VRT

Expert answer

Hi Steve,

It will depend on the mileage and spec but it should be in the region of €2,300. 


Looking at the Toyota Proace Verso for a taxi.

Looking at the Toyota Proace Verso for a taxi; is it value for money?

Dave Taaffe (Dublin)

Jan 2017 Filed under: taxi

Expert answer

Hi Dave,

Generally speaking it is, but much will depend on who you go to for a disabled access conversion. Worth remembering that the new Toyota Proace Verso is mechanically identical to the Citroen SpaceTourer and the Peugeot Expert,  so it might be worth having a shop around to see if there are any sharper deals going on those.


Changing my taxi to Renault Fluence - ok?

Hi,

I am changing my taxi currently a Toyota Avensis 1.6 petrol, for a 2010 Renault Fluence 1.5 diesel. Are there any problems I should know about with the Renault?

Thanks

Des Fitzgerald

Des Fitzgerald (Tallaght Dublin)

Jan 2017 Filed under: taxi

Expert answer

Hi Des,

You’ll need to check for a blown turbo (lots of smoke, no power) and also check that the diesel particulate filter hasn’t become clogged up if the mileage is low. The electric windows and ventilation fan are fragile, and make sure that the clutch is engaging cleanly as for some reason replacing the clutch is an expensive job on a Fluence.


How best to buy a car for my business?

I'm a self-employed Sole Trader and I am VAT registered. What is the most tax efficient manner to purchase a vehicle, primarily used for business, small element of personal use?

Richard Murray (Carrigaline,Co Cork,Ireland)

Dec 2016 Filed under: commercial vehicle

Expert answer

Hi Richard,

We asked Eddie Coleman of Conlan Crotty Murray & Company Chartered Accountants for some help on this one and here was his response:

"For a self-employed VAT-registered sole trader the most tax efficient vehicle to purchase for business use would be a small commercial van/SUV.  As the private use element of the vehicle is likely to be minimal VAT could be recovered on such a vehicle in the proportion that business use bears to the total usage of the vehicle.  As there should be a high business usage of the vehicle most of the running costs of the vehicle, such as insurance, fuel, maintenance, etc. could be expensed for tax purposes, again in the proportion that business usage bears to overall use of the vehicle.

If an individual decides that a small commercial vehicle is not appropriate and decides to purchase a car then there would be very limited tax deductibility for VAT purposes.  If a car falling into Category A, B or C is acquired, then 20 per cent of the VAT paid on purchase of the vehicle could be recovered where at least 60 per cent or more of the usage of the car is for business purposes.  There is a potential claw back of the VAT recovered if the car is sold within two years of acquisition.

If the car is acquired by way of a hire purchase agreement or loan finance then the vehicle is treated as owned by the individual.  The capital cost in those instances can be claimed by way of an annual capital allowance write-off equivalent to 12.5 per cent of the cost of the vehicle, restricted to business use as a proportion of overall use of the vehicle.  If a new vehicle is being acquired then it may be possible to do so by way of a finance lease.  In such circumstances it may be possible to write-off the capital cost of the vehicle over a shorter time frame, again subject to business use restriction on the allowable tax deduction."


Can I get short-term insurance for an import?

Hi, I have purchased a car in the UK and paid the VRT here. When I rang about taxing it I was told I have to have insurance first and give them the policy number and date of expiry. When I rang an insurance company I was informed that the car would have to be taxed first - so checkmate.

Is there a solution to this problem? I only want to insure it for a short while as I bought it to sell it and long term insurance would eat up any profit I hope to make.

James Neville (Dublin)

Dec 2016 Filed under: importing

Expert answer

Hi James,

Usually you can get so-called 'bridging' insurance from a UK-based insurer to cover the car for a few weeks on it original plates etc. to deal with this sort of situation. I think a quick ring-round should see you right. 


Have you reviewed the Lexus IS 300h?

Have you got a review of the Lexus IS 300h?

Bob Allen (Ashbourne)

Dec 2016 Filed under: choosing new car

Expert answer

Hi Bob,

Short version? The IS 300h is good looking, ultra reliable and comes with very low tax. Shortcomings are the strange CVT gearbox and less than sparkling acceleration. A viable diesel alternative though.

READ: Lexus IS 300h review


What do I need to buy from the UK?

l am about to buy a used 2009 Toyota Avensis TR model from a private seller in the UK. What documents do I require from him for VRT/VRO in Ireland? I appreciate your advice because this my first time.

Thanking you.

Ebere Johnson (Dublin )

Dec 2016 Filed under: importing

Expert answer

Hi Ebere,

You’ll need two crucial documents. You’ll need the V5C form, which is the vehicle’s identity papers (it’s the red, pink and blue form with the car’s reg number, VIN number etc.) and you’ll need an invoice showing the date and location of sale and the amount paid for the car.

Other than that, you’ll need the usual proof of identity for yourself (passport or driver's licence, utility bill with your home address etc.).

I’d suggest you have a good careful read of two pages before you start out:

1 - from www.citizensinformation.ie

2 - from www.revenue.ie


Which comfortable new SUV should I go for?

Hi.

I'm looking at getting an SUV for medical reasons. I drive country roads 90 per cent of the time so I need something comfortable and reliable. I'm looking at the Range Rover Evoque and Audi Q5. Which one would you recommend? I also need to take running costs and servicing costs into account. As well as road tax etc. Or is there another one I should consider? I did test drive the Volvo XC60 but found it very heavy.

Thanks.

Marie G (Galway)

Nov 2016 Filed under: choosing new car

Expert answer

Hi Marie,

If it's running costs that concern you, you should probably consider coming down in price and, a little, in size a bit. Both the Evoque and the Q5 are premium-badge SUVs and while neither is excessively thirsty, both will be expensive to run and service.

I'd suggest, instead, checking out a Honda CR-V - tonnes of space, hugely reliable, comfortable and with the 1.6 I-DTEC diesel engine and four-wheel drive, both frugal and ideal for country roads. Good to drive too.

Other good options are the Mazda CX-5, the Kia Sportage, Hyundai Santa Fe, Volkswagen Tiguan or Toyota RAV4. Here are our reviews to help you decide:

Range Rover Evoque review

Audi Q5 review

Honda CR-V review

Mazda CX-5 review

Kia Sportage review

Hyundai Santa Fe review

Volkswagen Tiguan review

Toyota RAV4 review


What is the tax on a 141 Volvo XC90?

What is the motor tax on a 141 Volvo XC90?

Tom Quinn (Galway)

Nov 2016 Filed under: taxation

Expert answer

Hi Tom,

Assuming you mean the D5 diesel with the automatic transmission, then €1,200. 


What's the tax on a commercial SUV?

Hi,

I'm thinking of buying a commercial SUV; what is the tax rate on it?

Garoid Byrne (Dublin)

Nov 2016 Filed under: commercial vehicle

Expert answer

Hi Garoid,

Well, it depends on the car and how you're taxing it. If you're taxing any vehicle as a commercial then it's €333 a year, but there are strict limits on usage, which include no personal driving, doing the school run, stopping at the shops etc. If you've taxed a car as a commercial but are using it for personal use then you're liable for a massive fine.