CompleteCar
Search Ask Us Anything
Showing 181 - 190 results (out of a total of 594) found for "vat" in Ask Us Anything

VRT and price to import an Aston DB9?

What is the likely VRT on an Aston Martin DB9: 2005 from both the UK and Northern Ireland?

Thanks

Desmond Hayes (Limerick )

Jan 2021 Filed under: importing

Expert answer

Hi Desmond,

OK, while the DB9 is a tricky car to value (mostly because there aren’t that many for sale in Ireland), let’s take €50,000 as a ballpark. If you’re bringing one down from Northern Ireland, it’s pretty straightforward — you’ll pay 37 per cent VRT, which will come to around €18,500. Ish. That’s assuming Revenue agree with our finger-in-the-air valuation. 

If you’re bringing it in from the rest of the UK, then there’s going to be 21 per cent VAT on top of that (€10,500 again assuming our €50,000 guess is about right) plus the NOx levy of €600 and then, finally, the ten per cent customs duty, which will be calculated on the actual price paid for the car (not the notional Irish value as for the VRT and VAT) plus whatever shipping and delivery expenses you incurred. 

The good news is that DB9 prices have actually dipped below £30,000 in the UK (although you’ve got to be careful buying at that price level) so there are bargains to be had. The best thing to do would be to get in touch with the guys at Aston Martin Belfast who could give you a much more precise steer on the whole thing. 


Is a crew-cab van taxed like an SUV now?

Are the crew cab vans now in the same bracket as the business edition SUVs? For example I’m looking at buying a crew cab Mercedes Vito Mixto. It has the seats in the back but it does has a separate compartment for the back of the van for carrying tools and goods etc. Do you know if this is true? Would the VRT rate not be in the commercial bracket and would it have to be classed as a private vehicle then with the higher rate of motor tax?

Paul Tynan (Kilcormac Offaly. )

Jan 2021 Filed under: taxation

Expert answer

Hi Paul,

In theory, all crew-cab vans fall into Category B for VRT purposes, which Revenue defines as: "commercial vehicles, designed and constructed for the carriage of goods and not exceeding 3.5 tonnes. These vehicles are European category N1 and generally have three seats or less. VRT Category B also includes motor caravans.”

In Category B, you’ll be charged 13.3 per cent of the OMSP, the Irish market selling price as defined by Revenue. There are some vans that fall into a slightly different category, and are charged a flat rate of €200, but these are vans that (a) always had less than four seats and (b) have at any time a laden mass greater than 130% of the mass in service. You should be able to find out which category your Vito fits into by quoting the VIN number when booking your VRT inspection.


Can I tax a 3.2 Ford Ranger privately?

Hi,

Is it possible to change how a 3.2-litre Ford Ranger is taxed from commercial to M1 private tax? I'm looking at buying one as its suits my hobbies a lot better then a car. Also, if it is possible, is it done with the old motor tax basis of assessment by engine capacity in cc?

Thanks

Luke Melia (Carrick On Shannon)

Jan 2021 Filed under: taxation

Expert answer

Hi Luke,

Yes, it is possible — you just need to ring up your local motor tax office and get them to switch you to the private car system. The downside is that, yes, you will be taxed on the engine capacity at that point, which, with a 3.2-litre Ranger is going to be top-whack — €1,809. You might be better off looking for a newer Ranger with the 2.2-litre engine, or the older Volkswagen Amarok, which had a 2.0-litre.

Take a read of our Buying a commercial vehicle for private use feature.


Can I privately insure a commercial pick-up?

Hi,

I am buying a brand new commercial vehicle (pickup style) for private use. I will be taxing it privately. I have rang three insurance companies and they will not quote me privately on the vehicle because it is listed as a commercial vehicle on their system. Is there an insurance company that specialises in this type of private insurance? If not, how do I insure the vehicle?

Dermott Cunningham (Dublin)

Jan 2021 Filed under: insurance

Expert answer

Hi Dermott,

Indeed, we’ve heard from more than a few readers about difficulties getting private insurance on a commercial. The first thing you need to do is to change the tax status of your pickup by phoning your nearest motor tax office, and ask them to transfer you to the private car taxation setting. That should help. The next thing to do is to get hold of a good insurance broker who can help you navigate through the sticky quicksand of Irish car insurance. There are no insurers who specialise, as far as we know, in commercial-to-private insurance


Worth importing a used pick-up from North?

Hi,

I need a pick up for work, am self-employed. Is it worth buying a second hand one in the North, probably spending about €6-8k, and bringing it down? Just wondering about VRT/NOx levy/VAT etc.

Thanks

Len Naughton (Kildare)

Jan 2021 Filed under: importing

Expert answer

Hi Len,

Short answer: yes. If you’re buying used from the North, then you’re avoiding the ten per cent customs duty and the 21 per cent VAT on used vehicles.


Post-Brexit, moving from the UK to Ireland...

Hi,

I arrived in Ireland from the UK on Jan 14 to live permanently. I bought a second hand Hyundai Santa Fe in the UK last June. So owned it now for seven months and I want to keep it. I was previously exempt from VRT/NOx tax, but has Brexit changed anything?

All my forms etc are with Revenue so am waiting to hear from them.

James Mortuin (Ennis)

Jan 2021 Filed under: importing

Expert answer

Hi James,

You SHOULD be able to bring your car in with you without paying VRT or VAT, as, according to Revenue: “You may be able to claim relief from Customs Duty and Value-Added Tax (VAT). This relief applies to imports of the following: bicycles and motor cycles, private cars, trailers, caravans, pleasure craft and private aeroplanes." VRT would be waived, normally, for a transfer of residence. You’ll need to have all your paperwork in order, and you can bet that Revenue will be checking carefully to make sure no-one is trying to pull a fast one, but you should be OK.


What costs to import a Hilux from the North?

If I import a used 2017 Hilux from Northern Ireland, what additional costs do I have? I want to insure and tax as private as my business doesn’t have a VAT number. Cost of Hilux without VAT is £20,000 approx.

Damien Byrne (Ennis)

Jan 2021 Filed under: importing

Expert answer

Hi Damien,

OK, as you don’t have a VAT number, you’ll have to pay the VAT on the Hilux at the time of purchase. But the good news is that, as you’re bringing it in from Northern Ireland, there won’t be any extra charges (no import duty and no Irish VAT) on top of the usual VRT payment. VRT will charged at 13.3 per cent of the Irish market value. That value should (emphasis on the should) be around €29,000, so VRT will be in the region of €3,900.


Is there VAT on used cars from the North?

Is there VAT on second hand cars from the North?

Matt Flynn (Castlebar )

Jan 2021 Filed under: importing

Expert answer

Hi Matt,

Assuming you mean VAT on importing from the North, then the answer is no for the most part. The exception is on cars that are less than six months old or with fewer than 6,000km on the clock, as they are treated as new.


Having difficulty insuring a commercial Yeti...

Hi guys,

I was really interested to read your article on taxing and insuring commercial vehicles for private use. I drive a commercial Skoda Yeti (2.0-litre 4x4) that is registered commercially, but which I have taxed and insured privately. I have no VAT number so commercial tax and insurance is out of the question. Adding to this, I can only find one insurer to give me a policy. I was wondering if it's possible to re-register the car as a private vehicle that just happens to have no back seats. This was flagged as the reason insurers won't look at me (my driving history is squeaky clean). Any suggestions here would be great. I love the car and got a great price on it so I really dont want to sell it.

Conor Behan (Thomastown)

Jan 2021 Filed under: insurance

Expert answer

Hi Conor,

You say you’ve already taxed the Yeti privately, is that right? Once you’ve informed your local motor tax office of the change of status, that should be sufficient for any insurer. That said, Irish insurers will find any excuse in the book to either not quote you, or to give you some astronomical quote just to make you go away. Our advice is to find a good insurance broker who can help you navigate the ins and outs. 


Does a private buyer pay VAT on a van?

I put down a deposit on a Ford Transit van, I am retired and will only use this van for private use. Do I have to pay VAT? I am not registered for VAT and do not have a business. Can I get the van registration changed for private use?

Brian Blackmore (Tournafulla Co Limerick)

Jan 2021 Filed under: commercial vehicle

Expert answer

Hi Brian,

You will have to pay the VAT I’m afraid. In fact, you’d have to pay it as a commercial buyer as well, but you could of course reclaim it then subsequently. As a private buyer, you just have to pay it, unfortunately. For using a commercial as a private car, you have to let your local motor tax office know that you’re doing so, and you’ll then pay tax based on the size of the engine, not the CO2 emissions figure. Getting private insurance for a commercial vehicle can be tricky, so shop around carefully or get in touch with a good broker before you commit.


-->