Quote:
Originally Posted by Bob 1967
Cars over 30 years old over here(Ireland) qualify for vintage tax 56 euro PA.
(they still required a NCT(MOT) unless they are pre. 1980. (Yay Me!)
It was quite a business for people to buy cars in the UK ,ship them over and re register as a vintage car.
Pre Brexit there was a lower import tax(VRT) on cars in this tax bracket.
After Brexit import taxes are higher including the dreaded VAT which could be 23% of the value ( value is decided by some nameless civil servant) but not 100% on this.
This would detract all but the hard core importers, who pass it on the the end buyer.
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That is interesting. In the UK cars become MoT exempt on their 40th birthday, and tax free on 1 April following the year in which they turn 40 (nice simple civil service rules).
Motor cars suddenly become rather more valuable when they qualify as historic vehicles.