Question - for second hand cars registered outside Ireland prior to 1 Jan 2008 and imported into Ireland after 1 July 2008, do these still benefit from the new VRT taxing regime based on CO2 emissions? - under Finance Act 1992 and amendments (including Finance Bill 2008)
VRT rate on 320 goes down from 30% to 20%??)
Just looking at the wording of the proposed amendment to the Motor Vehicles (Duties and License) Act 2008 - it says that for all cars registered abroad (sic) after 1 January 2008 and subsequently registered in Ireland after 1 July 2008, these cars shall be taxed under the CO2 regime ..... so if you took a UK registered car (say 2 years old), brought it to France to be registered there (effectively giving it a 2008 french registration) and then brought it to Ireland after July, you should be able to benefit from the Co2 tax rates, rather than the engine bound rates - worth about 500 quid for a 2+ litre diesel engine per year - if you plan to hold onto the car for a couple of years, it nearly makes sense (and also would be good for resale value)
.. i'm not being really serious with this - just having a bit of fun with the wording of the proposed change which to me diminishes what the green minister of the environment and local government was trying to achieve - to encourage lower CO2 emission cars onto the road!
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