Brexit impact on UK imports?

Bluefoam

Deleted User wrote: »

few years in jail for what exactly if you own donor and recipient and don't receive an insurance payout for an accident.
It is very hard to get sent to jail for more than a few hours in Ireland.

It seems that you are advising people on how to commit a crime and then how to evade justice...

Interesting...

Bluefoam

Bluefoam wrote: »

It seems that you are advising people on how to commit a crime and then how to evade justice...

Interesting...

No, I'm speaking plainly as to how a minority will circumvent taxes.
with the laffer curve of VAT at an outrageous 23% and CO2/Nox taxes thrown on top the majority will stop consuming and there is no net gain to the Revenue Commissioners. A proportion of the population will use alternate methods of acquiring that which they want and desire.

Phil.x

Government need to slash VRT to get more people to buy new cars.

lausp

Phil.x wrote: »

Government need to slash VRT to get more people to buy new cars.

Or make it viable to import from the UK..

Phil.x

lausp wrote: »

Or make it viable to import from the UK..

But that's not in the government's hands. Give Ursula Gertrud von der Leyen an email.

road_high

Phil.x wrote: »

But that's not in the government's hands. Give Ursula Gertrud von der Leyen an email.

Our spineless governments continually hide behind Europe- VRT is certainly not an EU tax- that could easily be withdrawn and be replaced by the VAT post Brexit

Isambard

road_high wrote: »

Our spineless governments continually hide behind Europe- VRT is certainly not an EU tax- that could easily be withdrawn and be replaced by the VAT post Brexit

given that we'll be paying for COVID for the next few decades, It's a bit unrealistic to be expecting any tax to be reduced. In practical terms also it would leave a lot of people paying back big loans for devalued cars.

Casati

Isambard wrote: »

given that we'll be paying for COVID for the next few decades, It's a bit unrealistic to be expecting any tax to be reduced. In practical terms also it would leave a lot of people paying back big loans for devalued cars.

VRT basically has been slashed - we have 7% rate for PHEV’s and EV’s and these are the cars that the government want us to drive. The lowest CO2 producing diesels also have relatively low rates of VRT - eg something like a new Golf is around 14%

User1998

Casati wrote: »

VRT basically has been slashed - we have 7% rate for PHEV’s and EV’s and these are the cars that the government want us to drive. The lowest CO2 producing diesels also have relatively low rates of VRT - eg something like a new Golf is around 14%

Correct but they removed the hybrid VRT grant at the same time, so plug in hybrids still had their VRT increased slightly

crossing fingers for Scottish Independence and re-admittance to E.U.
They'll become Ireland's biggest competition in the E.U. for trade and inward investment but supply of secondhand cars will start again.

Casati

User1998 wrote: »

Correct but they removed the hybrid VRT grant at the same time, so plug in hybrids still had their VRT increased slightly

Cheaper ones did in fairness but some v interesting higher range cars coming a lot cheaper than diesels - 50k PHEV Sorento vs 63k Diesel Auto Sorento

Car99

Anyone know of any car being bought from the uk in 2021 ,registered to a NI address by a NI resident which was subsequently bought by an Irish resident and registered in ireland?
Was import duty and VAT charged?

Isambard

Deleted User wrote: »

crossing fingers for Scottish Independence and re-admittance to E.U.
They'll become Ireland's biggest competition in the E.U. for trade and inward investment but supply of secondhand cars will start again.

I suppose in that vein, NI independence has never been closer.

traco

Car99 wrote: »

Anyone know of any car being bought from the uk in 2021 ,registered to a NI address by a NI resident which was subsequently bought by an Irish resident and registered in ireland?
Was import duty and VAT charged?

This is what we are all waiting for. It has probably happened but the online community is small so chances of hearing are slim unless its someone on here thats willing to share info.

BorneTobyWilde

robodonkey wrote: »

https://www.revenue.ie/en/tax-professionals/tdm/value-added-tax/part03-taxable-transactions-goods-ica-services/Goods/goods-transactions-motor-vehicles.pdf

Updated January 2021 acc. to meta. At least it's an official revenue document. Some clarity.

STILL none the wise.


All gibberish . People want to know about imports from the UK. Doesn't even mention that
saying vat and customs need paying on vehicles from outside EU,, Eh there was a trade deal with UK ffs .

Isambard

BorneTobyWilde wrote: »

STILL none the wise.


All gibberish . People want to know about imports from the UK. Doesn't even mention that
saying vat and customs need paying on vehicles from outside EU,, Eh there was a trade deal with UK ffs .

The trade deal turns out to be only for vehicles built in the UK from mostly UK parts. The problem there is that it mostly hits Irish buyers, and I can't see the point.

Isambard

Isambard wrote: »

The trade deal turns out to be only for vehicles built in the UK from mostly UK parts. The problem there is that it mostly hits Irish buyers, and I can't see the point.

That would cover

Made in Britain

MINI – MINI Clubman and MINI Countryman, in Cowley, Oxford

Honda – Civic and CR-V in Swindon

Toyota – Auris, Auris hybrid and Avensis in Burnaston, Derbyshire

Nissan – Juke, Qashqai, Note and Leaf and Infiniti Q30 in Sunderland, Tyne and WearLotus – Elise, Evora and Exige in Norfolk

Aston Martin – DB9, Vantage, Rapide, Vanquish, and DB11 in Gaydon, Warwickshire

Bentley Motors – Continental, Flying Spur and Mulsanne in Crewe, Cheshire

Rolls Royce – Ghost and Wraith in Goodwood, West Sussex

Jaguar – F-Pace and XE in Solihull, and F-type, XJ, XF and XE in Castle Bromwich, Birmingham

Land Rover – Discovery Sport and Range Rover Evoque in Halewood, Merseyside

Range Rover, Range Rover Sport and Land Rover Defender in Solihull, West Midlands

Vauxhall – Astra at Ellesmere Port and Vivaro van in Luton

Buddy Bubs

Just noticed the strengthening of used cars prices in Ireland. Just checked the value of my own and although not a huge amount for sale with same spec and mileage to directly compare, the prices are higher than last year.

bazz26

Asking or selling prices?

road_high

[Deleted User] wrote: »

That would cover

Made in Britain

MINI – MINI Clubman and MINI Countryman, in Cowley, Oxford

Honda – Civic and CR-V in Swindon

Toyota – Auris, Auris hybrid and Avensis in Burnaston, Derbyshire

Nissan – Juke, Qashqai, Note and Leaf and Infiniti Q30 in Sunderland, Tyne and WearLotus – Elise, Evora and Exige in Norfolk

Aston Martin – DB9, Vantage, Rapide, Vanquish, and DB11 in Gaydon, Warwickshire

Bentley Motors – Continental, Flying Spur and Mulsanne in Crewe, Cheshire

Rolls Royce – Ghost and Wraith in Goodwood, West Sussex

Jaguar – F-Pace and XE in Solihull, and F-type, XJ, XF and XE in Castle Bromwich, Birmingham

Land Rover – Discovery Sport and Range Rover Evoque in Halewood, Merseyside

Range Rover, Range Rover Sport and Land Rover Defender in Solihull, West Midlands

Vauxhall – Astra at Ellesmere Port and Vivaro van in Luton

If we could import all these cars without the Vat imposition it would be a huge help- something for everyone there!!

road_high

traco wrote: »

This is what we are all waiting for. It has probably happened but the online community is small so chances of hearing are slim unless its someone on here thats willing to share info.

Surely someone on boards would be- though the car community are very switched on on this page so likely most knew the changes coming and held off. The lack of clarity is poor

Car99

[Deleted User] wrote: »

That would cover

Made in Britain

MINI – MINI Clubman and MINI Countryman, in Cowley, Oxford

Honda – Civic and CR-V in Swindon

Toyota – Auris, Auris hybrid and Avensis in Burnaston, Derbyshire

Nissan – Juke, Qashqai, Note and Leaf and Infiniti Q30 in Sunderland, Tyne and WearLotus – Elise, Evora and Exige in Norfolk

Aston Martin – DB9, Vantage, Rapide, Vanquish, and DB11 in Gaydon, Warwickshire

Bentley Motors – Continental, Flying Spur and Mulsanne in Crewe, Cheshire

Rolls Royce – Ghost and Wraith in Goodwood, West Sussex

Jaguar – F-Pace and XE in Solihull, and F-type, XJ, XF and XE in Castle Bromwich, Birmingham

Land Rover – Discovery Sport and Range Rover Evoque in Halewood, Merseyside

Range Rover, Range Rover Sport and Land Rover Defender in Solihull, West Midlands

Vauxhall – Astra at Ellesmere Port and Vivaro van in Luton

But if it's made in the UK, 55% of the component parts in the car have to made in the uk or EU to qualify for 0% import duty into the EU.

James Bond Junior

A question that has been rolling around my mind. Why are cars that were registered before Brexit liable for VAT. UK vat was paid when the UK was in the EU. Surely VAT should only be liable for cars registered after the UK left the EU.

BorneTobyWilde

Who the fck made up that rule


What is story with commercial vehicles? Are you saying VAT and custom duty on trucks, van, pickups?

road_high

Whenever our revenue and government are involved in car taxation- fairness and pragmatism go out the window. So none of this should be a massive surprise.

road_high

Car99 wrote: »

But if it's made in the UK, 55% of the component parts in the car have to made in the uk or EU to qualify for 0% import duty into the EU.

I’d say that would be the case. It’s very much interlinked across JIT supply chains across Europe

Car99

Buddy Bubs wrote: »

Just noticed the strengthening of used cars prices in Ireland. Just checked the value of my own and although not a huge amount for sale with same spec and mileage to directly compare, the prices are higher than last year.

And that will continue to happen until prices reach a point where it becomes viable to import from the UK again. Supply and demand sets the price.

Isambard

Car99 wrote: »

But if it's made in the UK, 55% of the component parts in the car have to made in the uk or EU to qualify for 0% import duty into the EU.

i thought it was 60% in fact. It's the default position under the trade deal which only covers goods assessed as Made in the UK. Anything else they export to the EU is liable to duty it seems even if it is returning to a EU country. Mad but that's what the deal is

Isambard

James Bond Junior wrote: »

A question that has been rolling around my mind. Why are cars that were registered before Brexit liable for VAT. UK vat was paid when the UK was in the EU. Surely VAT should only be liable for cars registered after the UK left the EU.

you'd think. But that's not the deal that was struck. It's not just cars, it's everything liable to VAT.

James Bond Junior

Isambard wrote: »

you'd think. But that's not the deal that was struck. It's not just cars, it's everything liable to VAT.

I'm sure a court case will be brought yet.

Isambard

I can't see who by or who against. They all wanted a deal and after months , that's what they came up with.

McGiver

To clarify for everyone.

The issue is not tarrifs but VAT, custom declaration and CoC.

Because of the TCA (the "deal"), UK can export cars to the EU tariff free (as long as there is 60% EU/UK added value). Without the deal there'd be a tariff of 10% on it.

Now, this is what is going to happen if you import 2nd hand car from the UK:
1. You'll have to provide custom declaration - an agent can do that but will cost some
2. You'll have to pay the EU (Irish) VAT of 21/23%.
3. You'll have to pay the VRT.
4. You'll have to provide the CoC (certificate of conformance) to the get it registered in the EU (in Ireland) - an agent can do that but will cost some

No customs need to be paid.

Steps 1, 2 and 3 are new as opposed to what was the case before. The VAT is making it pointless from financial point of view and the paperwork is pain in the arse.

Thomasirl123

McGiver wrote: »

To clarify for everyone.

The issue is not tarrifs but VAT, custom declaration and CoC.

Because of the TCA (the "deal"), UK can export cars to the EU tariff free (as long as there is 60% EU/UK added value). Without the deal there'd be a tariff of 10% on it.

Now, this is what is going to happen if you import 2nd hand car from the UK:
1. You'll have to provide custom declaration - an agent can do that but will cost some
2. You'll have to pay the EU (Irish) VAT of 21/23%.
3. You'll have to pay the VRT.
4. You'll have to provide the CoC (certificate of conformance) to the get it registered in the EU (in Ireland) - an agent can do that but will cost some

No customs need to be paid.

Steps 1, 2 and 3 are new as opposed to what was the case before. The VAT is making it pointless from financial point of view and the paperwork is pain in the arse.

Can you clarify with proof? You are describing importing from GB, not UK. Importing from NI is different.

Isambard

McGiver wrote: »

To clarify for everyone.

The issue is not tarrifs but VAT, custom declaration and CoC.

Because of the TCA (the "deal"), UK can export cars to the EU tariff free (as long as there is 60% EU/UK added value). Without the deal there'd be a tariff of 10% on it.

Now, this is what is going to happen if you import 2nd hand car from the UK:
1. You'll have to provide custom declaration - an agent can do that but will cost some
2. You'll have to pay the EU (Irish) VAT of 21/23%.
3. You'll have to pay the VRT.
4. You'll have to provide the CoC (certificate of conformance) to the get it registered in the EU (in Ireland) - an agent can do that but will cost some

No customs need to be paid.

Steps 1, 2 and 3 are new as opposed to what was the case before. The VAT is making it pointless from financial point of view and the paperwork is pain in the arse.

yes but the way it
s being applied apparently is that tariffs will apply unless the car was UK built from not less than 60% British parts. That means if you want to import a GB reg BMW .you'll be charged 10% duty. (not seen an actual case, but that's what we've been told. It's mad, that's how people are telling me it is

Buddy Bubs

bazz26 wrote: »

Asking or selling prices?

Asking prices. I don't work in industry anymore I don't know what they're actually moving for, or of they're moving at all

BorneTobyWilde

So basically on ALL commercial vehicles such as Scania, Volvo Truck, Iveco ect there will be 10% customs plus vat??

Car99

McGiver wrote: »

To clarify for everyone.

The issue is not tarrifs but VAT, custom declaration and CoC.

Because of the TCA (the "deal"), UK can export cars to the EU tariff free (as long as there is 60% EU/UK added value). Without the deal there'd be a tariff of 10% on it.

Now, this is what is going to happen if you import 2nd hand car from the UK:
1. You'll have to provide custom declaration - an agent can do that but will cost some
2. You'll have to pay the EU (Irish) VAT of 21/23%.
3. You'll have to pay the VRT.
4. You'll have to provide the CoC (certificate of conformance) to the get it registered in the EU (in Ireland) - an agent can do that but will cost some

No customs need to be paid.

Steps 1, 2 and 3 are new as opposed to what was the case before. The VAT is making it pointless from financial point of view and the paperwork is pain in the arse.

Are tariffs not different to import duty?

Car99

BorneTobyWilde wrote: »

So basically on ALL commercial vehicles such as Scania, Volvo Truck, Iveco ect there will be 10% customs plus vat??

But commercial vehicles will be bought for export without UK VAT if you provide an EU VAT number.

McGiver

Thomasirl123 wrote:

Can you clarify with proof? You are describing importing from GB, not UK. Importing from NI is different.

Yes, this is for GB. Don't care about NI, too small, non-competitive market.

No need proof - this is what it is.

McGiver

Car99 wrote:

Are tariffs not different to import duty?

No. At least not for ordinary goods. Which includes cars.

McGiver

Car99 wrote:

But commercial vehicles will be bought for export without UK VAT if you provide an EU VAT number.

Yes, that's the way of avoiding UK VAT but I believe it would have to be a new vehicle which hasn't been subjected to UK VAT (because it hasn't been sold yet).

Once it's sold then UK VAT is added and importing it means adding EU VAT on top.

Car99

McGiver wrote: »

Yes, that's the way of avoiding UK VAT but I believe it would have to be a new vehicle which hasn't been subjected to UK VAT (because it hasn't been sold yet).

Once it's sold then UK VAT is added and importing it means adding EU VAT on top.

If you buy a secondhand commercial vehicle from a dealer in the UK the advertised prices are ex vat .

McGiver

Car99 wrote:

If you buy a secondhand commercial vehicle from a dealer in the UK the advertised prices are ex vat .

Yes, that could be doable but you have be a VAT payer business and be able to handle that.

Unavailable for ordinary Joe who wants to import 2nd hand car for himself.

Will we see attempts of people buying "company" cars via proxy Irish VAT payer business contacts?

Thomasirl123

McGiver wrote: »

Yes, this is for GB. Don't care about NI, too small, non-competitive market.

No need proof - this is what it is.

This is what I hate about the Internet, you write as if you know facts but it's BS. You've clarified nothing, I've shown you are wrong.
Your post should be deleted.

McGiver

Thomasirl123 wrote:

This is what I hate about the Internet, you write as if you know facts but it's BS. You've clarified nothing, I've shown you are wrong. Your post should be deleted.

I'd say your posts should for trying to moderate.

Now, regarding "it's BS" - Not at all, what I wrote is 100% correct. For individual buyers I should add.

I wasn't talking about EU VAT registered businesses, we got that clarified in later posts.

Saying that, I believe you were not talking about VAT registered business scenario.

Car99

McGiver wrote: »

Yes, that could be doable but you have be a VAT payer business and be able to handle that.

Unavailable for ordinary Joe who wants to import 2nd hand car for himself.

Will we see attempts of people buying "company" cars via proxy Irish VAT payer business contacts?

If car dealers here can buy company fleet cars ex VAT in the UK it will improve supply of second hand cars here and they will be much closer to pre brexit cost to the dealers at least. If they pass on those savings to the end user the market will decide.
Also possible business opening for a vat registered car importer to act as a proxy buyer for individuals buying in the UK.
If there is a loophole the Irish will find it.

User1998

You don’t need a vat number to buy something with 0% vat as long as it’s being exported and vat will be paid in your home country

Sam Russell

User1998 wrote: »

You don’t need a vat number to buy something with 0% vat as long as it’s being exported and vat will be paid in your home country

The vehicle has to be 'VAT Qualifying' to be exported with 0% UK VAT. Once it is owned by a non VAT owner, the VAT dies. Some vehicles are sold as 'VAT Qualifying' but most second hand cars are not. Ex lease cars can be VAT Q, and most commercial vehicles are.

Anyone who exports a 'VAT Qualifying' vehicle can buy it with 0% VAT as long as the seller is registered for UK VAT and the vehicle is VAT Q.

On Import, it becomes liable for Irish VAT @ 21% or soon to be 23% on the purchase price, whether it was exported with 0% VAT or not.

Import duty is a different matter.

Does this apply to secondhand cars?
https://www.revenue.ie/en/importing-vehicles-duty-free-allowances/guide-to-vrt/registration-of-imported-used-vehicles/vehicles-imported-from-gb-and-ni.aspx

10% not applicable to cars built in the UK so cars like the Leaf, Juke, Qashqai, Pulsar, Astra, Mini hatchback, some Toyotas, some Hondas, Jaguars, Land Rover will be 10% cheaper than equivalent European cars.
Getting one of these coming off lease with VAT removed for export would be the cheapest options?

User1998

Sam Russell wrote: »

The vehicle has to be 'VAT Qualifying' to be exported with 0% UK VAT. Once it is owned by a non VAT owner, the VAT dies. Some vehicles are sold as 'VAT Qualifying' but most second hand cars are not. Ex lease cars can be VAT Q, and most commercial vehicles are.

Anyone who exports a 'VAT Qualifying' vehicle can buy it with 0% VAT as long as the seller is registered for UK VAT and the vehicle is VAT Q.

On Import, it becomes liable for Irish VAT @ 21% or soon to be 23% on the purchase price, whether it was exported with 0% VAT or not.

Import duty is a different matter.

I know. Other posters seemed to think you need a VAT number to avail of the 0% VAT. I was just pointing out that you don’t need one