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Will no-deal Brexit mean more importing costs?
Will a 'no deal' Brexit make any difference to importing a second hand car from the UK in 2021? Extra costs like tariffs etc?
Thanks Dermot
Dermot Hedigan (Cork)Oct 2020 Filed under: importing
Expert answer
Hi Dermot,
Very likely, yes although it’s important to add a ‘we simply don’t know for certain’ caveat to all this, not least because literally nothing about Brexit makes any sense.
If the UK finally does leave without a deal, then you can expect to pay at the very least customs duty — 10 per cent of the price of the car plus shipping costs — and possibly VAT on top of that, depending on what view Revenue takes of UK VAT payments. Then there’ll be VRT costs and the NOx levy on top of those.
Neil Briscoe - Complete Car Advisor@neilmbriscoe