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Paying vrt with uk license

  • 23-07-2014 12:14am
    #1
    magnus500
    Registered Users Posts: 56 ✭✭


    Hi folks

    I know I have to pay vrt if I'm bringing in a car from NI. My question is do I need to straight away? The reason I ask is I am thinking of moving back to the uk in about 9 months, have a uk license but need a new car. I mainly live in Ireland, maintain bank account in uk but couldn't really say I live there. I currently have a fully taxed, insured irish car.

    Sorry if this is a daft question or has been answered before

    Cheers for any help.


Comments

  • #2
    colm_mcm
    Registered Users, Registered Users 2 Posts: 73,499 ✭✭✭✭colm_mcm


    You would have to pay VRT. You can reclaim some of the VRT when you export though (Revenue keep €500 of the VRT figure, note that obviously the VRT figure in 9 months would be less anyway due to depreciation)


  • #3
    Dangel4x4
    Registered Users, Registered Users 2 Posts: 255 ✭✭Dangel4x4


    magnus500 wrote: »
    The reason I ask is I am thinking of moving back to the uk in about 9 months, have a uk license but need a new car. I mainly live in Ireland, maintain bank account in uk but couldn't really say I live there. I currently have a fully taxed, insured irish car.

    Not worth it IMHO. You can claim a vrt refund on the way out but there's a hefty "admin" fee as already mentioned.

    Can you not keep your existing Irish car going for the 9 months?


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