5% VAT on Classics with BTI

Mr. 'H'

I got a BTI ruling through Rybec shipping in UK.

It means no VRT payable.

They told me that instead of normal VAT rate I pay 5%.



No one in Irish Customs/Revenue seems to know anything about this.

:mad:

I'm worried that when it arrives in Dublin Port they'll charge me the 21%.

:eek:

Does anyone know about this or who I should speak to?

Help, please!

Anan1

I'm not too clear on what you mean. What's a BTI ruling?

elexes

brittish trade imports ?

im guessing your on about importing a car from the uk thats 30 years or more older .

dubtom

I'm guessing that bti refers to a cert for classic cars imported to the UK so may not be valid here.Can you get an address in the UK and import it there, it's then a simple drive over when you sort out the dutys there, with no liabilitys.

Dades

If VAT has already been paid on the car at any stage in it's life you won't be liable anyway. Is the car coming from straight from the UK or from further afield, to Ireland via the UK?

Mr 'H' - with a name like that I assume you're bringing in a 70's Merc SL.

Mr. 'H'

A Binding Tariff Information is an EU doc that sets out what VRT/Tarriffs you pay.

http://www.revenue.ie/forms/btim.pdf

If the car is pre '50 you can obtain this and pay no VRT and pay a lower VAT.

The lower VAT is 5% of the valuation in UK, but it's 12.5% (I've subsequently found out) in Ireland.

That is still better than the full 21% VAT, but I should have had it shipped to UK first. Drat!

Mr. 'H'

The Atheist wrote:

Mr 'H' - with a name like that I assume you're bringing in a 70's Merc SL.

Way too moderne for me!

corktina

if the car is less than 30 yrs,i think you will still have to pay 27% VRT on top of whatever VAT is payable if the car is coming from outside the EU.....if you pay 5% in the UK and re-reg it there, you shouldnt have to pay more vat in Ireland, just the VRT.....