VRT relief for EV's imported from Northern Ireland

I started looking at 2022 and 2023 EV's while looking at hybrids up the North and their VRT rates (no customs or vat)

Several EV's came back at zero VRT.

Minister states

that, until the end of 2023, electric vehicles can avail of relief on VRT. Battery electric vehicles with an OMSP of below €40,000 are entitled to a VRT reduction of up to €5,000, which has the effect of reducing their VRT to zero. A tapered relief applies for battery electric vehicles with an OMSP of between €40,000 and €50,000. There is no relief for higher value vehicles.

2024 and 2025 this tapers off again

I am looking at importing a 2023 BMW 530e xDrive M Sport 4dr Auto. Car sold new in Belfast. Now it is more than 6 months old and has more than 6,000 miles

VRT is 5k

Am I correct in thinking that there is no customs or vat on this car?

2023 BMW 530e xDrive M Sport 4dr Auto SALOON

Mileage 14147 Miles

Date of First Reg Feb 2023

frank730

I think you are right, Northern Ireland continues to be treated as part of the EU under the trade agreement. This means vehicles imported from Great Britain to Northern Ireland have to go through customs and may have customs duties applied to them. If you buy a vehicle from Northern Ireland, you do not have to make a customs declaration. But you must have proof that a customs declaration was made when the vehicle arrived in Northern Ireland from Great Britain (if applicable).

digiman

How do you identify from browsing online if it was bought in NI to begin with?

joe1303l

https://www.boards.ie/discussion/2058323417/importing-a-2023-bmw-530e-xdrive-m-sport-4dr-hybrid-from-belfast

If it’s currently registered YL72 MYD ? It’s showing as having been registered in Sheffield in late February using a free check on www.checkcardetails.co.uk Also showing out of tax since September. More likely a former UK car now for sale in N.I

Redfox25

If it's a UK car you will get stung on that with fees.

mickdw

Considering the details given, that car is for sale at bavarian and is on a uk reg not a NI reg.

Be very careful.

Salesmen will tell you it is owned by the pope if they thought it would get them the sale.

Also, they don't appear to sell to republic as a general policy from what ive seen. Twice queried cars and twice came back with no longer available.

Gumbo

https://www.boards.ie/discussion/comment/121392006#Comment_121392006

Send photo of V5 document which shows the original date of registration and where.

It is a UK reg.

Just phoned the dealer but

THEY HAVE THIS INSTEAD

Vehicle Registration Tax

€5,305

https://www.agnewcars.com/used-car-details/used-bmw-ix-240kw-xdrive40-m-sport-766kwh-suv-bmw-individual-aventurine-red-iii-automatic-electric/id-202309121863702/

joe1303l

https://www.boards.ie/discussion/comment/121392400#Comment_121392400

That iX would probably work out about €9K cheaper than anything similar listed in the South. Colour is a bit marmite though. If you’ve a trade in to shift, a lot of the potential €9K saving could evaporate on you.

Casati

That iX is priced really well - landed here for about 62k. You wouldn’t get a new ID4 with that spec for 62k

https://www.boards.ie/discussion/comment/121393082#Comment_121393082

Over the next 3 years I will save about €9,000 euro in fuel compared to the 530e so it really puts it in budget.

I had a burgundy 5 series in 2006

joe1303l

https://www.boards.ie/discussion/comment/121393133#Comment_121393133

I think Burgundy was more fashionable in 2006 than it is now. If I was spending that much cash, I’d hold out for a colour I’d want. Would you not try to beat down an Irish dealer ? They should be very glad to see an iX going out the gate.

https://www.boards.ie/discussion/comment/121393460#Comment_121393460

cheapest is 72k

joe1303l

https://www.boards.ie/discussion/comment/121393715#Comment_121393715

Saw it earlier, it’s a sticker price, that’s why I suggested trying to beat down the dealer. It also boils down to the cost to change if you’ve a trade in.

mickdw

But the Irish dealer will typically want 10k on the trade in and 10k dearer on the sticker price so I'd imagine it would be easy enough sell his trade in on donedeal for something better than 20k under dealer price no matter what the trade in is.

Gumbo

https://www.boards.ie/discussion/2058323723/vrt-relief-for-evs-imported-from-northern-ireland

Yes normal. I got 3 EV’s from uk before Brexit and VRT was €0

User1998

I think thats finished completely on January 1st?

https://www.boards.ie/discussion/comment/121402716#Comment_121402716

Good news

Gov have extended this until 31st Dec 2025

Electric vehicles and motorcycles

Series production passenger cars or commercial vehicles (VRT categories A and B) that are:

• powered only by an electric motor
• and
• registered before 31 December 2025

are eligible for relief from VRT up to a maximum amount of €5,000.

Vehicles with an Open Market Selling Price (OMSP) of up to €40,000 will be granted relief of up to €5,000. Vehicles with an OMSP of greater than €40,000 but less than €50,000 will receive a reduced level of relief.

Reliefs have been removed for any electric vehicles above €50,000.

https://www.boards.ie/discussion/comment/121393971#Comment_121393971

I spoke to 2 dealers selling iX here and the most they would budge was 2k.

I don't know how they can afford to keep 70k cars long term parked on the forecourt.

I found another 530e in the UK, blue with cream leather and revenue are saying it's 9% VRT but the cars log book says 49 cO2

joe1303l

https://www.boards.ie/discussion/comment/121555354#Comment_121555354

Not good for importing the likes of a Taycan.

joe1303l

https://www.boards.ie/discussion/comment/121555371#Comment_121555371

They can’t but some dealership chains like Bolands or Joe Duffy often have silly inhouse rules around stock prices. May not be able to budge until a particular vehicle is in stock for more than 120 days or whatever. It could then suddenly be advertised for €10K less after a quarterly sales meeting or whatever. Equally it could disappear out to the trade just to move it on. Might be worth getting to speak to the Sales Manager or Brand Manager rather than a sales advisor.

User1998

https://www.boards.ie/discussion/comment/121555354#Comment_121555354

Good news. Makes sense really. Do you have a link to the extension?

Edit: It was actually extended months ago https://businessplus.ie/economy/budget-2024/electric-vehicle-vrt-budget-2024/

poker--addict

are EVs any cheaper in the north though? got an example?

joe1303l

Possibly but it’s probably a niche example ? ? https://www.usedcarsni.com/2021-Porsche-Taycan-420kW-4S-93kWh-4dr-Auto-334122994

https://www.boards.ie/discussion/comment/121556382#Comment_121556382

yea, look at the Megane Etech 2022, no vrt for 29k euro

https://www.usedcarsni.com/2022-Renault-Megane-EV60-160kW-Techno-60kWh-Optimum-Charge-5dr-Auto-333007519?search_type=1&make=24&fuel_type=13&age_from=0&price_from=0&user_type=0&model=0&trans_type=0&age_to=0&price_to=0&mileage_to=0&keywords=&location%5B%5D=0&body_style=0

or 2023 may model for 33k tiny vrt because of stupid omsp

https://www.usedcarsni.com/2023-Renault-Megane-EV60-160kW-Techno-60kWh-Optimum-Charge-5dr-Auto-334175663?search_type=1&make=24&fuel_type=13&age_from=0&price_from=0&user_type=0&model=0&trans_type=0&age_to=0&price_to=0&mileage_to=0&keywords=&location%5B%5D=0&body_style=0

or

May 2023 Peugeot 2008 100Kw Allure Premium+ 50Kwh 5Dr Auto

NI REG / EV/ WARRANTY 2026 23k euro no vrt

https://www.usedcarsni.com/2023-Peugeot-2008-100Kw-Allure-Premium-50Kwh-5Dr-Auto-335084174?search_type=1&make=0&fuel_type=13&age_from=2022&price_from=0&user_type=0&trans_type=0&age_to=0&price_to=0&mileage_to=0&keywords=&location%5B%5D=0&body_style=0

https://www.boards.ie/discussion/comment/121555549#Comment_121555549

https://www.revenue.ie/en/vrt/calculating-vrt/electric-hybrid-vehicles.aspx

colm_mcm

https://www.boards.ie/discussion/2058323723/vrt-relief-for-evs-imported-from-northern-ireland

No customs or VAT? Thought this only applied to stuff that was registered pre-Brexit?

https://www.boards.ie/discussion/comment/121558127#Comment_121558127

No customs or vat on original NI reg once you meet 2 requirements

6 months old

6,000+ km's

colm_mcm

https://www.boards.ie/discussion/comment/121558139#Comment_121558139

Are you 100% certain about that? there are a lot of resources online that say VAT and customs are due, even from NI?

denismc

EV take up has been a lot slower up North than it has down here so I'd say there isn't a great selection to choose from.

A think part of the reason for the poor uptake is the poor charging infrastructure up there, this is improving rapidly though.

User1998

https://www.boards.ie/discussion/comment/121558202#Comment_121558202

100% you can still import NI cars free of VAT and customs. As long as the car was never registered in mainland UK

https://www.boards.ie/discussion/comment/121558316#Comment_121558316

Some ice cars slip through the search.

EV's for sale in NI from 2022

https://www.usedcarsni.com/search_results.php?search_type=1&make=0&fuel_type=13&age_from=2022&price_from=0&user_type=0&trans_type=0&age_to=0&price_to=0&mileage_to=0&keywords=&location%5B%5D=0&body_style=0

https://www.boards.ie/discussion/comment/121558202#Comment_121558202

Revenue have made an absolute boll0x of explaining it clearly. Even their examples are rubbish

New vehicles brought into the State from another European Union (EU) Member State, including Northern Ireland (NI), are subject to Value-Added Tax (VAT). A new vehicle is one which is 6 months old or less, or has traveled 6,000 km or less.

Registering used vehicles bought in NI

A vehicle that has previously been in use in NI can be registered for Vehicle Registration Tax (VRT) in the State, without liability to additional Customs duties and import Value-Added Tax (VAT). Proof will be required that the vehicle has been in private ownership for a reasonable period of time.

• From 01 January 2021, an import of a vehicle from GB is treated as an import from a non-European Union (EU) country.
• 
  
• Before you import a vehicle from GB into the State you must complete a customs declaration and pay customs duty and if applicable Value-Added Tax (VAT) on the import value of the vehicle.
• 
  
• if the car is UK made then no customs are due, if not then 10% customs are due and Value-Added Tax (VAT) is added. Then you can go to VRT the car

dodzy

https://www.boards.ie/discussion/comment/121558335#Comment_121558335

NI REG before or up to Jan 2021. as far as I was aware, anything younger that and you were exposed to full ‘shafting’ charges, be it EV, PHEV or any variant.

colm_mcm

That’s very interesting, any idea when that changed?

have the feeling I’ll be on usedcarsni for the evening.

Ginger83

I bought a used vehicle up north a few years ago and it was exempt from vat and vrt. It was under a disabled driver scheme.

I have often wondered how it would work if I wanted to import an EV.

You can still buy brand new EV in the north and the dealer will refund you the VAT once you supply proof of payment in the republic.

No customs and minimal VRT if car is more then 40k omsp.

New vehicles brought into the State from another European Union (EU) Member State, including Northern Ireland (NI), are subject to Value-Added Tax (VAT). A new vehicle is one which is 6 months old or less, or has traveled 6,000 km or less.

https://www.boards.ie/discussion/comment/121558749#Comment_121558749

As the protocol between Ireland and the North ensures there will be no hard border on the island of Ireland, the rules differ. If a car to be imported into Ireland is first registered in Northern Ireland after January 1, 2021, then it can be done without any checks on its customs status. In other words, current rules remain unchanged.

VRT is still payable on such vehicles. VAT is payable on new vehicles (under 6 months old) or those with less than 6,000 km.

When buying a new vehicle from Northern Ireland it is important to note that Irish VAT will need to be paid at the time of registration in the Republic. This could be in addition to UK VAT already paid in the North. A refund of the VAT paid in the North can be claimed from the dealer on the production of a receipt of VAT paid in the Republic.

From fexco

https://internationalpayments.fexco.com/en-ie/news-insights/buying-a-car-from-northern-ireland/

Here is an example for €32,940 zero vrt

https://www.usedcarsni.com/2023-Hyundai-Kona-150Kw-Ultimate-64Kwh-5Dr-Auto-332043292?make=0&search_type=1&age_from=2022&age_to=0&body_style=0&fuel_type=13&keywords=&location%5B%5D=0&mileage_to=0&pagepc0=6&price_from=0&price_to=0&trans_type=0&user_type=0

Jan 2023 Hyundai Kona 150Kw Ultimate 64Kwh 5Dr Auto

Vehicle Registration Tax

€0

Vehicle Details

• Statistical Code
• 42888325
• Model
• KONA
• Make
• HYUNDAI
• Version
• ULTIMATE 5DR AUTO

Breakdown of VRT Calculation

• Open Market Selling Price (OMSP) determined by Revenue
• €46413
• Monthly Adjustment
• N/A
• Depreciation Code Allocated by Revenue
• A6
• Odometer Reading
• 9052 Miles
• Date of First Registration
• January 2023
• Mileage/Kilometre Reduction
• €0
• Rate of Depreciation for this Vehicle
• 6%
• Current OMSP determined by Revenue
• €43628

Revenue CO2 Estimate

• CO2 Emissions
• 0
• Calculated WLTP CO2 Emissions
• 0
• Calculated WLTP CO2 Formula
• N/A
• Rate of VRT
• 7%

CO2 VRT Charges

(payable on enquiry)

€0

Revenue NOx Estimate

• NOx Emissions
• 0.251
• NOx Units
• g/km or g/kWh

NOx VRT Charge

(payable on enquiry)

€0

Registration Tax Total

CO2 VRT Charges

€0

NOx VRT Charge

• €0

Vehicle Registration Tax

(payable on enquiry)

€0

k123456

If anyone does import from NI, you might get a better Exchange rate when transferring STG to the vendor, by not using your ROI bank and using a third party transfer company , A few years back, I imported an Ioniq, using either of my banks Ulster or PTSB to transfer funds would have been 700 eu more expensive

joe1303l

https://www.boards.ie/discussion/comment/121561951#Comment_121561951

Even Revolut is quite cheap compared to our traditional pillar banks

MadDogGreener

https://www.boards.ie/discussion/comment/121557904#Comment_121557904

Note VAT is payable on the latter two here as they're "new" (NEW = under 6000km)

Soarer

https://www.boards.ie/discussion/comment/121565364#Comment_121565364

Strangely, all those cars with less than 6,000km end up over the threshold when the time comes to VRT it!

No idea why! 😉

dodzy

https://www.boards.ie/discussion/comment/121565441#Comment_121565441

Something akin to this perhaps 😉

https://www.boards.ie/discussion/comment/121565364#Comment_121565364

Yea but you are not gonna turn up to the VRT centre with 5,192km on the clock

higster

Appreciate a steer here. Looking at this one. Same car is about €65k here. Any rough idea what would cost to bring south (ballpark, just wondering if wasting my time even thinking about it)

https://www.usedcarsni.com/2023-BMW-i4-250kW-eDrive40-M-Sport-83-9kWh-5dr-Auto-334643361?search_type=1&make=2&fuel_type=13&age_from=2021&price_from=0&user_type=0&model=0&trans_type=0&age_to=0&price_to=0&mileage_to=0&keywords=&location%5B%5D=0&body_style=0

https://www.boards.ie/discussion/comment/121567898#Comment_121567898

If it is NI reg from new

Your VRT Calculation

• Date
• 03/01/2024
• Time
• 21:05
• Rate of VRT
• 7%

Vehicle Registration Tax

(payable on enquiry)

€4,023

Vehicle Details

• Statistical Code
• 40489627
• Model
• I4
• Make
• BMW
• Version
• G26 EDRIVE40 SPORT 4DR AUTO

So €60,500 approx

Soarer

https://www.boards.ie/discussion/comment/121567898#Comment_121567898

The VRT calculator https://www.ros.ie/evrt-enquiry/vrtenquiry.html?execution=e2s1 says there's €4,078 VRT owing on that. They give an OMSP of €58,264, but being a "premium" brand, I'm sure they'll add everything on as an extra to charge you more.

Any car with an OMSP of €50k or more doesn't get VRT relief.

joe1303l

How would this fare out if imported south ? Cheapest one for sale down here is €65K

https://www.usedcarsni.com/2022-Mercedes-Benz-EQE-Class-EQE-300-180kW-AMG-Line-89kWh-4dr-Auto-332549819