Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Please note that it is not permitted to have referral links posted in your signature. Keep these links contained in the appropriate forum. Thank you.

https://www.boards.ie/discussion/2055940817/signature-rules
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Another VRT thread...

  • 06-01-2016 1:33am
    #1
    Shelga
    Registered Users, Registered Users 2 Posts: 3,037 ✭✭✭


    So, I've lived in the UK for 4 years. I've recently been sent to China on a 6-9 month secondment, which coincided with the end of my lease. So I sold my car (needed to change sooner or later anyway) and put all my stuff in storage. So I technically have no UK address at the moment but am still very much employed with a UK company, UK bank accounts, paid via UK, etc.

    Strongly considering returning to Ireland in 2016, but need to plan properly. Visiting friends in England in Feb, was gonna buy something like a £3-4k diesel Ford Focus, register it in my name at my most recent UK address, insure it in my name, get friends to mind it for 6 months while in China. Can get friend to pick up V5C from my old place etc.

    Any chance of being stung by customs if I move home around September/October? Similar cars seem to sell for €8-9k in Ireland which is utter insanity. Just seems ridiculous that I could potentially have to pay it even though I have lived away for so long now.

    Anyone any similar experiences? Thanks :)


Comments

  • #2
    drunkmonkey
    Registered Users, Registered Users 2 Posts: 28,696 ✭✭✭✭drunkmonkey


    Hardly worth it for that price of car, by the time you've jumped through all the hoops and the restrictions on selling it you'd probably buy a focus here for the same money as sterling is so strong.
    With more valuable and desirable cars it's probably worth it.


  • #3
    Shelga
    Registered Users, Registered Users 2 Posts: 3,037 ✭✭✭Shelga


    I see what you're saying, value to be had potentially with strong pound at the moment, but VRT calculator is telling me I'd be liable for €1500 VRT on the Focus I was just looking at. :-/ If I can avoid that for the sake of a couple of hundred quid on insurance, I will.

    I know it's a constant topic on here but VRT grrrrr. :mad:


  • #4
    slimjimmc
    Registered Users, Registered Users 2 Posts: 7,786 ✭✭✭slimjimmc


    For the VRT exemption you must show you've been using the car for 6 months, not simply have ownership. I'm not sure Revenue will accept you qualify considering you wouldn't have even been in the same continent as the car for that time. I expect you'd need to stay and use the car in the UK for 6 months after you return from China.
    http://www.revenue.ie/en/tax/vrt/leaflets/tax-relief-transfer-residence.html


  • #5
    ShaunieVW
    Registered Users, Registered Users 2 Posts: 585 ✭✭✭ShaunieVW


    To bring in a 08/09 focus VRT is only 1k so still well worth bringing one in. Ill be doing it soon myself. 5.5k euro should clear one with a years tax and tested.


Advertisement