Motorcycles and Scooters registered in the republic of Ireland attract VRT in the price.

 

How to calculate VRT on Motorcycles and Scooters

VRT is calculated at €2.00 per CC of the engine for the first 350CC and €1.00 per CC there after.
NOTE; Vat is not applied to VRT

Example 1

Yamaha Aerox R has a 49.3CC engine, if we apply the rule above the VRT is as follows
The first 350cc is at €2.00 so
49x€2=€98
The VRT payable is €98

 

Example 2

Suzuki GSXR 600 has a 599CC engine, if we apply the rule above the VRT is as follows
The first 350cc is at €2.00 so
350x€2=€700
The cc of the bike is 599cc-350cc=249
249x€1=€249
€700+€249=€949 is the VRT payable on a GRXR600

 

Example 3

Yamaha YZF-R1 has a 998CC engine, if we apply the rule above the VRT is as follows

The first 350cc is at €2.00 so

350x€2=€700

The cc of the bike is 998cc-350cc=648

648x€1=€648

€700+€648=€1348 is the VRT payable on a Yamaha YZF-R1

 

VRT on second hand Motorbikes and Scooters

  • more than 3 months old but less than a year you get 10% discount (and may have to pay VAT)
  • less than 2 years, 20%
  • less than 3 years, 40%
  • less than 4 years, 50%
  • less than 5 years, 60%
  • less than 7 years, 70%
  • older than 10 and less than 30 years, 90%
  • over 30 years old has no charge

VAT on importing Second hand bikes

The important thing to remember if you are planning to import a Scooter or Motorcycle with under 6,000 Kilometers and or is under 3 months old you will be liable to pay VAT in full and that currently 23%. If the Motorbike or Scooter is 7 months old with 5,000km you’ll end up paying VAT and VRT.

 

Revenue say

What is the correct VRT registration process?

A vehicle imported into the State, must be presented for registration at an NCTS Centre. The appointment to register at the NCTS Centre must be made within 7 days of entry into the State, and the vehicle must be registered within 30 days of entry into the State. All of the required documentation must be presented at the time of the appointment in order to register the vehicle successfully. VRT will ordinarily be charged at the time of registration, although there are reliefs and exemptions from VRT available.

From 12 September 2016 a Certificate of Conformity (CoC) must be on the Revenue system before a new vehicle can be registered. What you are purchasing a new vehicle abroad you MUST get the CoC, either in paper or electronic form, from the seller. It is advisable that you check in advance that the seller has a CoC and the other mandatory documentation available. You will not be able to register your vehicle if you do not have the CoC or the other mandatory documentation.

 

http://www.revenue.ie/en/tax/vrt/faqs-vrt.html#question2

 

VAT Liability

When is VAT due on a vehicle?

VAT is due on a new vehicle brought into the State, (or in VAT terms, a new means of transport) which meets either one of the two criteria following:

  • It is supplied six months or less after the date of its first entry into service.

  • It has travelled 6,000 kilometres or less at the time of registration.

If the vehicle meets either of these criteria the vehicle is treated as a new means of transport for VAT purposes and VAT is chargeable at registration.

Retail Inc Vat & VRT

Motorcycles and Scooters registered in the republic of Ireland attract VRT in the price.

 

How to calculate VRT on Motorcycles and Scooters

VRT is calculated at €2.00 per CC of the engine for the first 350CC and €1.00 per CC there after.

NOTE; Vat is not applied to VRT

 

Example 1

Yamaha Aerox R has a 49.3CC engine, if we apply the rule above the VRT is as follows

 

The first 350cc is at €2.00 so

49x€2=€98

The VRT payable is €98

 

Example 2

Suzuki GSXR 600 has a 599CC engine, if we apply the rule above the VRT is as follows

 

The first 350cc is at €2.00 so

350x€2=€700

The cc of the bike is 599cc-350cc=249

249x€1=€249

€700+€249=€949 is the VRT payable on a GRXR600

 

Example 3

Yamaha YZF-R1 has a 998CC engine, if we apply the rule above the VRT is as follows

 

The first 350cc is at €2.00 so

350x€2=€700

The cc of the bike is 998cc-350cc=648

648x€1=€648

€700+€648=€1348 is the VRT payable on a Yamaha YZF-R1

 

VRT on second hand Motorbikes and Scooters

 

  • more than 3 months old but less than a year you get 10% discount (and may have to pay VAT)

  • less than 2 years, 20%

  • less than 3 years, 40%

  • less than 4 years, 50%

  • less than 5 years, 60%

  • less than 7 years, 70%

  • older than 10 and less than 30 years, 90%

  • over 30 years old has no charge

 

VAT on importing Second hand bikes

The important thing to remember if you are planning to import a Scooter or Motorcycle with under 6,000 Kilometers and or is under 3 months old you will be liable to pay VAT in full and that currently 23%. If the Motorbike or Scooter is 7 months old with 5,000km you’ll end up paying VAT and VRT.

 

Revenue say

VRT Registration Process

What is the correct registration process?

A vehicle imported into the State, must be presented for registration at an NCTS Centre. The appointment to register at the NCTS Centre must be made within 7 days of entry into the State, and the vehicle must be registered within 30 days of entry into the State. All of the required documentation must be presented at the time of the appointment in order to register the vehicle successfully. VRT will ordinarily be charged at the time of registration, although there are reliefs and exemptions from VRT available.

From 12 September 2016 a Certificate of Conformity (CoC) must be on the Revenue system before a new vehicle can be registered. What you are purchasing a new vehicle abroad you MUST get the CoC, either in paper or electronic form, from the seller. It is advisable that you check in advance that the seller has a CoC and the other mandatory documentation available. You will not be able to register your vehicle if you do not have the CoC or the other mandatory documentation.

 

http://www.revenue.ie/en/tax/vrt/faqs-vrt.html#question2

 

VAT Liability

When is VAT due on a vehicle?

VAT is due on a new vehicle brought into the State, (or in VAT terms, a new means of transport) which meets either one of the two criteria following:

  • It is supplied six months or less after the date of its first entry into service.

  • It has travelled 6,000 kilometres or less at the time of registration.

If the vehicle meets either of these criteria the vehicle is treated as a new means of transport for VAT purposes and VAT is chargeable at registration.