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Bomproof VRT avoidance plan?????

  • 14-12-2009 10:26am
    #1
    Registered Users Posts: 65 ✭✭


    well folks, just looking for your opinions.
    My friend Tom wants to buy a nice car out of the UK either lexus or bmw, budget around £14000 stg. Vrt on this would be around 6500euro. I live and work in the UK at the moment and have done so, on and off for the past couple of years.
    The plan is,
    • Tom buys the car and puts it in my name
    • i declare it off the road in the uk (SORN it)
    • Tom brings it back to ireland and parks it in a shed for 6mths
    • after the 6mths, i register it as an irish car and avoid vrt
    • Tom can drive it then, but it still remains i my name
    • after a year and a half i put it back in his name, and its in his ownership offically
    Thats the long and short of it, i think its basically playing by the rules, but what do you guys think??


Comments

  • Closed Accounts Posts: 12,035 ✭✭✭✭-Chris-


    Please read the charter.

    No discussion of methods of evading tax are permitted on the Motors forum.


    Thread closed.


This discussion has been closed.
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