don't mean to sound stupid, but what is this VRT??....and what with the big ££ along with it.....

I think it is the same sort of thing as our MOT.

so what's with the big price tags on it....ie 6500 etc... i thought it was something like tax or duty ??

It's Vehicle Registration Tax...


From 1st January, 1993, as a general rule*, a vehicle acquired outside Ireland and brought permanently into the country by a private individual must be registered with the Revenue Commissioners and Vehicle Registration Tax (VRT) paid by the end of the next working day following the arrival of the vehicle in the country. VRT is a registration tax and is chargeable and payable on the Open Market Selling Price (OMSP) of the vehicle in question. It replaces Motor Vehicle Excise Duty which was previously charged on the importation of vehicles into Ireland.

In the case of a new vehicle, i.e. one which is less than six months old or which has travelled less than 6,000 kms. from the date of first entry into service, Value Added Tax (VAT) is also payable at the time of registration. All vehicles imported into the European Union (EU) from a (CIF) Third Country, whether new or used, are also subject to Common Customs Tariff (CCT) duty, also known as Customs Duty, currently set at 10% of the cost insurance freight value. Such vehicles must be declared to Customs on arrival in Ireland and CCT and VAT must be paid prior to release from Customs control. The requirement to register in this instance is by the end of the next working day following release from Customs control.

Under the Finance Act, 1992, responsibility for the VRT regime is entrusted to the Revenue Commissioners who administer the tax through the first registration of vehicles and the collection of VRT, where applicable, on behalf of the Irish Government.


This basically means all new cars and cars brought into Ireland are subject to Vehicle Registration Tax (VRT) and must be registered with the Revenue Commissioners. You cannot get road tax unless you produce a Vehicle Registration Certificate for your car.

http://www.wicklow.com/vrt/

MOT is the equal to NCT (National Car Test)

Regards

Johny.

VRT stands for Vehicle Registration Tax.

Basically this is a tax imposed by the Irish Governement whenever a vehicle (new or used) is registered for use in Ireland.

For example:

I live in Ireland and if I bought a UK Registered MY00 Impreza Turbo from the UK the law states that I have 3 days to take the car to the customs for them to have a quick look at it and calculate the amount of VRT payable (which is a certain % of the current value of that car in the Irish used car market).

I then have to pay them the VRT and give them the original UK registration documents and then they will issue me with new Irish Registration Documents and Reg. No. for the car.

(Just for information the VRT on a UK MY00 Impreza Turbo with 30K is about €6350)

VRT also applies to Japanese imports too although you may have to wait a while for them to work out the VRT for you (especially in the case of Impreza's as there are that many different types Japanese imports).

However we don't have to convert the speedo to MPH and fit a rear fog light etc. like UK registered Japanses imports.

VRT also applies to new cars registered in Ireland but this is included in the list price of a new car and the dealer pays the VRT to the customs.

Hope that helps,

Gavin :)

cheers fellas.....so your tellin me that if i live down south, and buy a car from GB, i have to pay a tax of at least 50% of the vehicles value ie; vehicle value £10000 VRT = £5000!!
Why not register the car in N.I (get a northern address if needed) and save your £5000??
I know tax and duty is payable on cars coming from japan....but this only amounts to £2000/£3000 depending on the car!!(inc shipping)

kungfu I got my abbreviations all mixed up, there is a great explanation in this weeks autotrader about it.