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https://www.boards.ie/discussion/2055940817/signature-rules

VRT relief for EV's imported from Northern Ireland

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135

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    #62
    dodzy
    Registered Users Posts: 10,001 ✭✭✭✭dodzy


    https://www.boards.ie/discussion/comment/121715495#Comment_121715495

    I would have thought unlikely but worth asking the question of course.



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    #63
    Gavlor
    Registered Users Posts: 6,180 ✭✭✭Gavlor


    Hi lads, I’m comfortable enough with the vrt but can’t get my head around the vat bit.


    registered in ni before jan 21 - no vat due in roi?

    registered in NI from inception since January 21 but not within last 6 months VAT due in roi but uk vat can be claimed back from the garage?

    Both subject to customs duty?

    someone could make a nice little business out of offering advisory services on buying from NI!!



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    #64
    daarmcd
    Registered Users Posts: 271 ✭✭daarmcd


    No customs or vat on original NI reg once you meet 2 requirements.


    Car is more than 6 months old

    Car has more than 6,000+ km's when you bring it to VRT centre not when you buy it


    No VRT if the car has omsp here of less than €40k


    If you buy new you can reclaim VAT from NI when you pay Irish VAT



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    #65
    Gavlor
    Registered Users Posts: 6,180 ✭✭✭Gavlor


    https://www.boards.ie/discussion/comment/121724364#Comment_121724364

    Thanks a mill, revenue guidance is as clear as mud



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    #66
    Gavlor
    Registered Users Posts: 6,180 ✭✭✭Gavlor


    https://www.boards.ie/discussion/comment/121724364#Comment_121724364

    Is this just on ev/phev??

    No VRT if the car has omsp here of less than €40k



    Thanks a mill for the help. Moving from company car due to mental bik so I want to get the best value possible!



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    #67
    daarmcd
    Registered Users Posts: 271 ✭✭daarmcd


    https://www.boards.ie/discussion/comment/121724726#Comment_121724726

    EV only but the VRT is on the OMSP not the price you pay for it in the North.

    The Open Market Selling Price is a figure that revenue staff pull from each others ar5es


    If you buy new in NI you can reclaim VAT from NI when you pay Irish VAT

    No customs on new car and VRT free if car under €40k OMSP,


    Vehicles with an OMSP of greater than €40,000 but less than €50,000 will receive a reduced level of relief. Reliefs have been removed for any electric vehicles above €50,000. If BEV car above this then you pay 7% VRT on full amount.



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    #68
    witnessmenow
    Registered Users Posts: 7,150 ✭✭✭witnessmenow


    Can anyone tell me how to check if a car has only been registered in NI or figuring out if its VAT exempt? Is it something I need to pay to find out or is there a free way?

    I was able to see on https://www.checkcardetails.co.uk that one car I looked at has "registration place" as Chester , so presumably means it was a UK car first, but the other car I looked at showed "registration place" as N/A

    Cheers



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    #69
    Schorpio
    Registered Users Posts: 1,262 ✭✭✭Schorpio


    Would appreciate it if someone can confirm if my understanding of the below is correct -

    If I buy a car in NI, which younger than 2021 and was originally sold in mainland UK (on UK plates), but was subsequently sold and used in NI, and the last address on the V5C is an NI address - that would be classed as an NI car without VAT and customs?



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    #70
    User1998
    Registered Users Posts: 6,603 ✭✭✭User1998


    https://www.boards.ie/discussion/comment/121738314#Comment_121738314

    No. Under current rules VAT and customs apply. Although it seems like the rules are changing soon



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    #71
    dr.dundrum
    Registered Users Posts: 129 ✭✭dr.dundrum


    https://www.boards.ie/discussion/comment/121738401#Comment_121738401

    Why do the rules change? Are there any news regarding that?



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    #72
    User1998
    Registered Users Posts: 6,603 ✭✭✭User1998


    https://www.boards.ie/discussion/comment/121738416#Comment_121738416

    Revenue website



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    #73
    dr.dundrum
    Registered Users Posts: 129 ✭✭dr.dundrum


    https://www.boards.ie/discussion/comment/121738421#Comment_121738421

    I couldn’t find it though



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    #74
    User1998
    Registered Users Posts: 6,603 ✭✭✭User1998


    https://www.boards.ie/discussion/comment/121741558#Comment_121741558

    https://www.revenue.ie/en/vrt/registration-of-imported-used-vehicles/registering-vehicles-from-ni.aspx



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    #75
    dr.dundrum
    Registered Users Posts: 129 ✭✭dr.dundrum


    https://www.boards.ie/discussion/comment/121741618#Comment_121741618

    Thank you so much mate



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    #76
    daarmcd
    Registered Users Posts: 271 ✭✭daarmcd


    https://www.boards.ie/discussion/comment/121741618#Comment_121741618

    can someone explain this line


    Vehicles purchased after 30 April 2024 can be registered in the State without being subject to these additional requirements.



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    #77
    dr.dundrum
    Registered Users Posts: 129 ✭✭dr.dundrum


    How much money should I pay for this to bring into ROI


    https://www.usedcarsni.com/2018-Hyundai-Ioniq-1-6-GDi-Hybrid-Premium-5dr-DCT-336090242



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    #78
    rob316
    Registered Users Posts: 18,102 ✭✭✭✭rob316


    https://www.boards.ie/discussion/comment/121745764#Comment_121745764

    If its an NI reg, 2k VRT, if it isnt there is VAT and customs on top.



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    #79
    Gulliver
    Registered Users Posts: 1,026 ✭✭✭Gulliver


    I have a question for anyone who imported used from NI.

    Was the V5C enough to prove it was only ever registered and used in NI? The VRT/Ncts site says you need tax and insurance details too, but as I'm thinking of buying from a dealer they wouldn't have this.

    The car I'm looking at (ID3) hasn't had an MOT yet, so no records there.



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    #80
    daarmcd
    Registered Users Posts: 271 ✭✭daarmcd


    I have spent the last 4 weeks looking at mostly 6 month old cars reg'd new from NI but the OMSP quoted by the revenue commissioners bears no relation to the real market value. Can you post a link to this discussion if you are doing a VRT enquiry on revenue for an NI qualifying EV and the OMSP figure is above €40k but the car is selling for less here.


    The highest difference was on a 2021 EQC 400, £35k stg in NI, valued by revenue with an OMSP of €66,000 Euro.

    The most recent is a 6 month old Iconic Megane E Tech with an OMSP of €48,000 meaning VRT has to be paid but the car new in Kearys in Tallaght is €39,000.

    Another example is a new Tesla Model 3 the purchase price is €40,483.78 but VRT somehow is €1,349

    • Vehicle Subtotal €42,990
    • SEAI Grant -€3,500
    • Destination & doc fee €980
    • Tyre recycling fee €13.78
    • Vehicle Registration Tax €1,349
    • Purchase Price €41,832

    Includes VAT of approx. €8,224


    Has anybody imported a car from the north and appealed against the OMSP valuation when getting your car registered for VRT? If so what did you need.

    The OMSP is the "expected retail price" and includes the sum of the vehicle = pre-tax price x VRT and x VAT. So you are taxed on a tax.


    Electric vehicles with a new price of more than €50,000 don’t get any VRT rebate, while those priced between €40,000 and €50,000 get a tapering rebate — the €5,000 rebate is reduced by a percentage of the car’s price above the €40,000 mark.

    Has anyone found how the tapering rebate between €40,000 and €50,000 is calculated?

    Post edited by liamog on


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    #81
    daarmcd
    Registered Users Posts: 271 ✭✭daarmcd


    So I am still looking for a 2nd EV and the new model 3 is high on my list, why is there VRT when the purchase price is €40,483.78 but VRT somehow is €1,349, I have emailed tesla ireland but still have no answer.

    • Vehicle Subtotal €42,990
    • SEAI Grant -€3,500
    • Destination & doc fee €980
    • Tyre recycling fee €13.78
    • Vehicle Registration Tax €1,349
    • Purchase Price €41,832

    Includes VAT of approx. €8,224



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    #82
    ELM327
    Registered Users Posts: 21,990 ✭✭✭✭ELM327


    VRT on EVs is 7% and cheap ones get a discount or zero VRT. I think the Tesla is over the threshold.



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    #83
    Mickeroo
    Administrators, Computer Games Moderators, Sports Moderators Posts: 32,269 Admin ✭✭✭✭✭Mickeroo


    the 42,990 is the purchase price after the grant and including all the fees/vrt I thought.



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    #84
    daarmcd
    Registered Users Posts: 271 ✭✭daarmcd


    https://www.boards.ie/discussion/comment/121771719#Comment_121771719

    no, the 3500 comes off that



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    #85
    liamog
    Moderators, Motoring & Transport Moderators, Regional East Moderators Posts: 7,971 Mod ✭✭✭✭liamog


    https://www.boards.ie/discussion/comment/121771791#Comment_121771791

    The short answer is that Tesla as the sole importer of new Tesla vehicles to Ireland have informed Revenue that the OMSP of the car is €46,226. This is subject to 7% VRT €3,236 but eligible for VRT relief on the sliding scale of €1,886 (do 5000 * (50,000-OMSP)/10,000) to work out the part on the scale. The net result is a VRT payment due of €1,349.

    Revenue allows the main importer for Ireland to declare the OMSP of a car to them and very rarely question it unless the difference is egregious. You'll often see VRT calculation roughly around 95% of the sales price of a car to allow for price changes and discounts.

    The SEAI grant is not included in OMSP or VRT calculations as not all buyers would be eligible for the grant.

    If you are importing a used car that is also sold in Ireland, they start with the manufacturer provided OMSP and apply a depreciation factor. Where a particular model+spec was not sold in Ireland they try and match it to something similar here which is where you can end up with some crazy OMSP which don't reflect actual available cars.



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    #86
    Clo-Clo
    Registered Users Posts: 5,386 ✭✭✭Clo-Clo


    Ok, I know I probably sound stupid but anyway will fire ahead

    So looking at a new(to me) car. no real reason apart from I would like a change :-)

    So if I get a car from Britain(England/Scotland/Wales) I get 0% VRT once it is electric and not anything massively fancy. But I have to pay VAT & Duty which will be 23% VAT and then duty which is 10%? I think

    Someone mentioned about a car from NI which if in a certain date you get away with VAT but it has to be registered in the North? This is the bit I don't understand?

    Sorry if this sounds stupid



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    #87
    Gumbo
    Moderators, Society & Culture Moderators Posts: 39,335 Mod ✭✭✭✭Gumbo


    I think there’s about 349 threads on this already so the answer may be there.



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    #88
    liamog
    Moderators, Motoring & Transport Moderators, Regional East Moderators Posts: 7,971 Mod ✭✭✭✭liamog


    https://www.boards.ie/discussion/comment/121774373#Comment_121774373

    The VRT relief applies to imported EVs under the OMSP thresholds. There's a big thread on importing from the UK in the main motors forum.

    The only EV specific part is the VRT relief.

    https://www.boards.ie/discussion/2058056834/importing-from-the-uk-definitive-guide-q-and-a




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    #89
    Wrcfocus
    Registered Users Posts: 1 ✭Wrcfocus


    I have bought a 2 year old bmw in uk and have to get a customs declaration on vehicle. My customs agent says they can apply for Returned goods relief, which would be 0% duty, once i prove car was manufactured in the Eu. Has anyone heard of Bmw Air document that shows country of manufacture.



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    #90
    User1998
    Registered Users Posts: 6,603 ✭✭✭User1998


    https://www.boards.ie/discussion/comment/121779059#Comment_121779059

    Theres 3 letters in the VIN that prove it was manufactured in Germany



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    #91
    daarmcd
    Registered Users Posts: 271 ✭✭daarmcd


    https://www.boards.ie/discussion/comment/121771984#Comment_121771984

    The full purchase price on the Tesla website for a white model 3 highland is € 41,832

    • Vehicle Subtotal €42,990
    • SEAI Grant -€3,500
    • Destination & doc fee €980
    • Tyre recycling fee €13.78
    • Vehicle Registration Tax €1,349
    • Purchase Price €41,832

    Includes VAT of approx. €8,224



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