Every time a new car is imported into Ireland, a vehicle registration tax, or VRT, must always be paid. It should be paid within 30 days. Failure to do so may result in your car being held, and in the worst-case scenario, the car being confiscated and returned only after payment of a penalty. Most of the VRT calculations are based on nitrous-oxide emissions, and they might differ from one vehicle to another.
What is the Method for Calculating VRT?
VRT is determined using the vehicle’s Open Market Selling Price (OMSP), which is set by the Revenue Commissioners without the involvement of a third party. If OMSP goes up or down, the vehicle’s VRT will change correspondingly.
The brand and model of the vehicle, gearbox type, engine type, body type, mileage units, and other details are required by Revenue for VRT calculations. On the VRT calculator, you will find the OMSP for the most common cars as well as an estimation of the tax due.
While the calculator has over 25,000 values, not all cars are included. When registering a car on the same day, the VRT calculator will typically provide a reasonable estimate of the VRT owed. However, this is merely an estimate. When a vehicle is brought for registration, Revenue only calculates the actual VRT owed.
What are the Five Categories of VRT?
VRT category A, B, C, D, and M are the five categories which are described below:
- Category A
This category includes passenger vehicles such as automobiles and minibusses (with a maximum seating capacity of nine people, including the driver). This category includes all other cars with four or more seats.
- Category B
This category includes vehicles used for commercial uses and those which are designed for the conveyance or transportation of goods that carry loads not more than 3.5 metric tons. Motor caravans are examples of these vehicles, which normally have three seats or fewer.
- Category C
This category includes larger heavy vehicles for commercial purposes, buses, industrial tractors, and vehicles that are more than 30 years old when registration is done. They will be fined €200.
- Category D
Ambulances, fire engines, road rollers, sweeping equipment, and trash carts fall within this group of vehicles that are exempted from paying VRT. Vehicles that are solely employed to deliver road construction tools and supplies are also included.
- Category M
VRT applies to motorcycles, and the fee is determined by the engine’s cubic capacity (cc). The overall VRT payment is reduced by a percentage depending on the motorcycle’s age. A car that is older than 3 months receives a 10% discount, while a car that is older than 30 years receives a 100% discount.
VRT must be paid within 30 days of the vehicle’s arrival in Ireland, according to Irish regulations. It’s preferable if you pay the VRT fees within 30 days. If you miss a payment, you will be charged additional fees, which will be added to your total VRT.
Exemptions for VRT
Citizens of Ireland and the United Kingdom are free from VRT under specific situations, which are outlined below:
- Temporary residents and visitors who have had their car registered in another country for more than six months are eligible
- Drivers and passengers with disabilities
- Ambassadors and diplomats
If a person meets any of these requirements, he or she is exempt from paying the Vehicle Registration Tax.