Apr
11
What is VRT?
Filed Under FAQ
Vehicle Registration Tax or VRT is a tax that must be paid on all vehicles imported into the Republic of Ireland. Here is the official definition:
Vehicle Registration Tax is chargeable on registration of a motor vehicle in the State. All motor vehicles in the State, other than those brought in temporarily by visitors, must be registered with the Revenue Commissioners. A vehicle must be registered before it can be licensed for road tax purposes.
source: revenue.ie
Until the budget of 2007, VRT was calculated on the engine size of a Vehicles engine using the following table:
Engine size VRT Rate up to 1400 CC 22.5% 1401 to 1900 CC 25% 1901 CC upwards 30%
Under a new scheme to be introduced in July of 2008 the rate of VRT will be determined by C02 emissions of the vehicle. The following table shows the new categories to be used:
New Bands from July 2007
C02 Emmissions Bands g Co2/KM VRT Rates A 0-120g 14% B 121 - 140g 16% C 141 - 155g 20% D 156 - 170g 24% E 171 - 190 g 28% F 191 - 225g 32% G 226g and over 36%