Login    Register

New tax rates and vrt

Welcome to MX-5 Ireland. Pop in and say hello
  • Author
    Message

New tax rates and vrt

Postby mx5ash » Tue, 27 May 2008 8:39 +0000

New topic to continue the discussion if anyone wants to.
some light reading for you all
http://www.citizensinformation.ie/categ ... _tax_rates
which is saying
Tax
Cars registered before 1 January 2008 will continue to pay motor tax on the basis of engine size. New cars registered between 1 January 2008 and 30 June 2008 will initially have their motor tax charged on the basis of engine size. If it is beneficial for these cars to switch to the CO2 based motor tax system, this will happen on the first renewal of motor tax after 1 July 2008. New cars which are registered in the first 6 months of 2008 whose tax would be more under the CO2 based system will continue to pay motor tax on the basis of engine size. The new CO2 based system will not apply to second-hand imports that were registered abroad prior to 2008.


Ivan after reading this site again
http://www.revenue.ie/index.htm?/leafle ... regime.htm
I think the dealer you spoke to be could have been refering to the vrt system where by if no supporting documents can be produced for co2 emmisions then they will default to the highest rate of 36% of the open market selling price.

Discuss
Ash[/u]
Image

http://www.cardomain.com/ride/3099765
"When I make a key the on position and push the button, an engine works"
mx5ash
*****

User avatar
 
Posts: 2234
Joined: Mon, 30 Jul 2007 10:34 +0000
Location: Dungarvan, Co Waterford

Postby Stig » Tue, 27 May 2008 10:48 +0000

right , so my car is a 93' 1.8 - what Co2 band will it fall under?
Anyone know?
Stig
*****

User avatar
 
Posts: 2419
Joined: Wed, 16 Apr 2008 12:22 +0000
Location: dn ʎɐʍ sıɥʇ

Postby mx5ash » Tue, 27 May 2008 11:22 +0000

To the best of my knowledge.......
For road tax normal 1.8 tax rate as it has been registered before jan 2008 somewhere(in this case japan).

For vrt, if you regester it before july then 25% of omsp

If Ivan is correct on what he said earlyeir then there will be no data on a 1993 emmisions so after july it will default to highest rate of 32% omsp

I'm not saying i am 100% correct but this is the way i am reading it.

HTH Ash
Image

http://www.cardomain.com/ride/3099765
"When I make a key the on position and push the button, an engine works"
mx5ash
*****

User avatar
 
Posts: 2234
Joined: Mon, 30 Jul 2007 10:34 +0000
Location: Dungarvan, Co Waterford

Re: New tax rates and vrt

Postby Ivan » Wed, 28 May 2008 8:10 +0000

mx5ash wrote:
Ivan after reading this site again
http://www.revenue.ie/index.htm?/leafle ... regime.htm
I think the dealer you spoke to be could have been refering to the vrt system where by if no supporting documents can be produced for co2 emmisions then they will default to the highest rate of 36% of the open market selling price.

Discuss
Ash[/u]


thats what i was saying therefore you will also get the highest rate of road tax.
Ivan
****
 
Posts: 1205
Joined: Mon, 30 Jul 2007 4:40 +0000
Location: Co. Meath

Postby Ivan » Wed, 28 May 2008 8:37 +0000

http://www.revenue.ie/index.htm?/leafle ... regime.htm

a few lines down.

"The new system of taxation will be applicable to new and imported category A vehicles."
Ivan
****
 
Posts: 1205
Joined: Mon, 30 Jul 2007 4:40 +0000
Location: Co. Meath

Postby Ivan » Wed, 28 May 2008 8:56 +0000

Ollie Brady wrote:right , so my car is a 93' 1.8 - what Co2 band will it fall under?
Anyone know?


from my read of the Revenue website you will pay the highest vrt rate
and 2,000 road tax.

as i said before the sports car is dead
the greens have won..........crusty bas*ards they could do with a good wash
Ivan
****
 
Posts: 1205
Joined: Mon, 30 Jul 2007 4:40 +0000
Location: Co. Meath

Postby Steve » Wed, 28 May 2008 9:54 +0000

Am voting for Dustin next time round...
Why they don't just get rid of vrt + road tax and load up petrol I don't know... then you'd "pay as you go" ... those with less efficient engines would pay more tax through it too... isn't this the system in Oz?
Steve
Steve
Site Admin

User avatar
 
Posts: 5541
Joined: Wed, 05 Mar 2008 10:16 +0000

Postby Ivan » Wed, 28 May 2008 10:03 +0000

srigley wrote:Am voting for Dustin next time round...
Why they don't just get rid of vrt + road tax and load up petrol I don't know... then you'd "pay as you go" ... those with less efficient engines would pay more tax through it too... isn't this the system in Oz?
Steve


Because petrol would be about 22euro a litre!
and then after a few years when we had all forgotten
they would just bring road tax back.

Why we have toll roads i don't know, i'd be happy if they did
away with them.

I did 4,500kms across 9 countries in europe and the only toll road
was the M50 in dublin

we have enough muppets running the country.
Ivan
****
 
Posts: 1205
Joined: Mon, 30 Jul 2007 4:40 +0000
Location: Co. Meath

Postby Stig » Wed, 28 May 2008 10:45 +0000

I think i remember reading somewhere that we in Ireland, have the only Tolled ring road around our capital city in the whole of Europe.

:roll:
Stig
*****

User avatar
 
Posts: 2419
Joined: Wed, 16 Apr 2008 12:22 +0000
Location: dn ʎɐʍ sıɥʇ

Re: New tax rates and vrt

Postby mx5ash » Wed, 28 May 2008 1:34 +0000

Ivan wrote:thats what i was saying therefore you will also get the highest rate of road tax.


http://www.revenue.ie/index.htm?/leafle ... regime.htm

a few lines down.

"The new system of taxation will be applicable to new and imported category A vehicles."


The page linked to above is dealing with vrt. This surely does not have a bearing in the road tax that you pay.
I agree that the vrt will go up to the default rate of 32% as there is no info available for early mx5's but the tax according to the other site i linked to will not be changed.
Tax is surely the important part an extra 7% of omsp as a once off payment is nothing compared to what €1600 extra per year in tax.
Image

http://www.cardomain.com/ride/3099765
"When I make a key the on position and push the button, an engine works"
mx5ash
*****

User avatar
 
Posts: 2234
Joined: Mon, 30 Jul 2007 10:34 +0000
Location: Dungarvan, Co Waterford

Postby MX5Steve » Wed, 28 May 2008 1:59 +0000

Its a shame they dont allow you to get certified Co2 testing done on your car and actually encourage you to try and reduce them by gaining a tax reduction...... :roll:
Image
MX5Steve
****

User avatar
 
Posts: 1162
Joined: Wed, 05 Sep 2007 3:27 +0000
Location: Co.Waterford

Re: New tax rates and vrt

Postby Ivan » Wed, 28 May 2008 2:44 +0000

mx5ash wrote:
Ivan wrote:thats what i was saying therefore you will also get the highest rate of road tax.


http://www.revenue.ie/index.htm?/leafle ... regime.htm

a few lines down.

"The new system of taxation will be applicable to new and imported category A vehicles."


The page linked to above is dealing with vrt. This surely does not have a bearing in the road tax that you pay.
I agree that the vrt will go up to the default rate of 32% as there is no info available for early mx5's but the tax according to the other site i linked to will not be changed.
Tax is surely the important part an extra 7% of omsp as a once off payment is nothing compared to what €1600 extra per year in tax.



The VRT Rate of your car, is the tax band of the car.
You don't honestly think the tax man would vrt the car at the higher rate
and then let you road tax it at a different rate.
It either goes on the co2 or dosen't . It can't go on the c02 for the VRT
and then change for the road tax.
Ivan
****
 
Posts: 1205
Joined: Mon, 30 Jul 2007 4:40 +0000
Location: Co. Meath

Postby mx5ash » Wed, 28 May 2008 5:11 +0000

Well that's what it looks like they are planning on doing to me.
Image

http://www.cardomain.com/ride/3099765
"When I make a key the on position and push the button, an engine works"
mx5ash
*****

User avatar
 
Posts: 2234
Joined: Mon, 30 Jul 2007 10:34 +0000
Location: Dungarvan, Co Waterford

Postby Stig » Wed, 28 May 2008 5:28 +0000

gents,
when you declare the car (vrt it) and put the new irish plates on.......how long till you get called for NCT?

or do you have to contact them (the nct ppl) to have it NCT'd?
I've never imported a car this old to know?

thanks,

Ollie.
Stig
*****

User avatar
 
Posts: 2419
Joined: Wed, 16 Apr 2008 12:22 +0000
Location: dn ʎɐʍ sıɥʇ

Postby S.T.E.L.L.A » Wed, 28 May 2008 6:39 +0000

Hiya Ollie,

When i imported my car last october, it was up to me to sort out the NCT. Pain in the ar*e too becos i tried online, then rang them and they said i had to goto my test centre (ballymun), register for a date then come back for the testdate itself. Its just a pain, takes time and cost me 4 trips across the bloody toll.

Keep the english plates and when the garda stop you just say in your best eastender accent "alwight guvnor, apples and pears" and they just leave you alone then!. Also brit plates mean no pay on the speeding tickets becos they cant track you! Obviously, i would never recommend this.

Hope that helps
olly (eile)
S.T.E.L.L.A
**
 
Posts: 61
Joined: Mon, 08 Oct 2007 11:50 +0000
Location: Dublin

Next

Return to General chat

Who is online

Users browsing this forum: No registered users and 1 guest