Vehicle registration tax (VRT) is a tax that is chargeable on registration of a motor vehicle in
Ireland
Ireland ( ; ga, Éire ; Ulster-Scots: ) is an island in the North Atlantic Ocean, in north-western Europe. It is separated from Great Britain to its east by the North Channel, the Irish Sea, and St George's Channel. Ireland is the s ...
.
Every motor vehicle brought into the country, other than temporarily by a visitor, must be registered with
Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business.
Commercial revenue may also be referred to as sales or as turnover. Some companies receive rev ...
and must have VRT paid for it by the end of 30 days of arrival in the country.
The tax is paid to the Revenue in two ways:
*VRT is included in the retail price of a new motor vehicle purchased from a dealership
*The tax is paid by the owner of a motor vehicle imported from abroad upon applying for registration (subject to exemptions, below).
The vehicle must be presented at a National Car Test centre within 30 days of importation into Ireland.
Calculation
VRT is calculated as a percentage of the open market selling price (OMSP) of the vehicle. The OMSP is the "expected retail price" and includes all taxes (Including VAT) previously paid in the state.
VRT rates pre-July 2008
Current VRT rates
A new system was introduced with effect from 1 July 2008. This system moved the VRT calculation for passenger vehicles from being calculated on engine capacity to a system calculated on CO
2 emissions. This system applies to new vehicles registered from this date as well as second hand vehicles (originally registered after this date) imported after this date. Commercial Vehicles remain unaffected. The rates have been updated however as of 1 January 2013.
VRT rates as of 1 January 2013
VRT rates before January 2013
In addition, motor tax rates have been realigned to reflect these new VRT bands with the motor tax payable being linked to the VRT band.
References
{{reflist
External links
Revenue Commissioners VRTVRT Calculator for Second Hand VehiclesIndependent VRT site and discussion forum
Taxation in the Republic of Ireland
Vehicle taxes