Non VAT Qualifying

eman66

What does Non VAT Qualifying mean? See it on some NI cars for sale sites, beside the the price.

david

You can write off the NI VAT amount against your own tax arrears provided you have a VAT number. Usually applies to commercial vehicles

L-M

If it's a fairly new car, it could be refering to the fact that on import to the ROI, you won't have to pay VAT. Ie If you import a car that is less then six months old or has done less than 6000 kms, you must pay vat along with VRT.

eman66

Was thinking along those lines but the fact that it was on some 2007 Golfs had me wondering.

carface

eman66 wrote: »

Was thinking along those lines but the fact that it was on some 2007 Golfs had me wondering.

where did you see it advertised???

lifer_sean

"Normal" cars in UK/NI are "non-vat qualifying". Some cars from leasing compaines (ones that were used as company cars for example) are typically VAT qualifying. If you imported a VAT qualifying car from NI and you are VAT registered then you can claim the UK VAT. You then must pay the 21.5% VAT in Ireland unless you are using it 100% for business purposes (eg sales rep).

If you are not VAT registered then it doesn't matter to you which VAT status the car has.

If you are a dealer it affects the VAT treatment of the vehicle in terms of the paperwork, but not your final VAT liability on the vehicle (you have to pay the difference between the 15% and 21.5% VAT rates anyway).

A can of worms ...

eman66

carface wrote: »

where did you see it advertised???

The two R32s here,
http://search.autotrader.ie/www/cars_search?country=IE&modelexact=1&make=Volkswagen&model=Golf&keywords=r32&min_pr=&max_pr=&min_year=&max_year=&source=&currency=EUR&county_list=&sort=20&SUBMIT.x=38&SUBMIT.y=6