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

Importing a Panel Van from UK

  • 17-08-2024 6:21am
    #1
    donalf
    Registered Users Posts: 17 ✭


    Sorry if this is has already been covered on another thread but i couldn't find the exact answer I'm looking for.

    I want to buy a buy a second hand (2021) van (normal panel van / not a camper) in mainland UK and import it to ROI. Lets say the Van costs 28k plus Vat.

    As far as i understand there was a recent change brought in around May 2024, but i dont full understand any of this …

    Can anyone tell me the cost breakdown of both options:

    Option A - Import it straight to ROI and pay all the necessary taxes etc

    Option B - Get my cousin who lives in Northern Ireland to register / tax it in his name in the north and then after 3 months, i buy it from him and import it to ROI



Comments

  • #2
    colm_mcm
    Registered Users, Registered Users 2 Posts: 73,468 ✭✭✭✭colm_mcm


    Are you buying it for a vat registered business? Or for personal use where you wouldn’t be claiming VAT?



  • #3
    goochy
    Registered Users, Registered Users 2 Posts: 4,491 ✭✭✭goochy


    What benefit will getting your cousin to register it be ?



  • #4
    colm_mcm
    Registered Users, Registered Users 2 Posts: 73,468 ✭✭✭✭colm_mcm


    https://www.boards.ie/discussion/comment/122512823#Comment_122512823

    avoid Irish VAT and customs charge.



  • #5
    goochy
    Registered Users, Registered Users 2 Posts: 4,491 ✭✭✭goochy


    3 months won't be enough and will have to pay customs to register



  • #6
    steinbock123
    Registered Users Posts: 643 ✭✭✭steinbock123


    https://www.boards.ie/discussion/comment/122512874#Comment_122512874

    Why do you say this? How long will be enough?



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  • #7
    User1998
    Registered Users, Registered Users 2 Posts: 6,826 ✭✭✭User1998


    https://www.boards.ie/discussion/2058364778/importing-a-panel-van-from-uk

    A: Purchase price x 1.353 + €200 VRT

    B: Purchase price + €200 VRT



  • #8
    donalf
    Registered Users Posts: 17 ✭donalf


    Thanks,

    Is the ' purchase price ' determined by the invoice / receipt i get from the person / business selling it ?

    Or is there a (over) valuation process based on revenues omv ( open market value) database ?



  • #9
    User1998
    Registered Users, Registered Users 2 Posts: 6,826 ✭✭✭User1998


    Its the price on the invoice



  • #10
    donalf
    Registered Users Posts: 17 ✭donalf


    What if I buy a van privately ( not from a garage ) in NI ?

    I assume they wont accept a receipt / invoice from a private owner ?



  • #11
    User1998
    Registered Users, Registered Users 2 Posts: 6,826 ✭✭✭User1998


    They will



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  • #12
    donalf
    Registered Users Posts: 17 ✭donalf


    thanks, what do i need from the person selling me the van ? just a standard receipt of purchase ?



  • #13
    User1998
    Registered Users, Registered Users 2 Posts: 6,826 ✭✭✭User1998


    And the V5



  • #14
    donalf
    Registered Users Posts: 17 ✭donalf


    sorry about all of the questions … whats the ' V5 ' ?



  • #15
    User1998
    Registered Users, Registered Users 2 Posts: 6,826 ✭✭✭User1998


    The logbook.



  • #16
    donalf
    Registered Users Posts: 17 ✭donalf


    ok and thanks for all the answers … hopefully this is my last question on this ….

    what if i were to buy a van from a private seller in the uk who isn't vat registered and is selling a commercial van without any vat ( as in, they have already paid the vat) …

    lets say the cost of the van is 20k … is the total cost to me 20 x 1.353 + 200 = 27,260 ?

    what if the reciept from this private seller was lower than the amount paid ? ( do they use their valuation on uk imports or just work off the hand written receipt from a private seller ? )



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