How to calculate VRT on this 201 Tiguan?
Hi Shane,
I’m completely confused by the new VRT changes! If I was to look at import of a 201 used car, will VRT be calculated off the WLTP figures, or CO2. Also, will motor tax be based off the WLTP or CO2 figures. I ask in the context of a 1.5 TSI DSG Tiguan with these specs: CO2 133g/km, WLTP CO2 168g/km.
Thanks in advance,
Dan
Daniel Shannon (Dublin )Oct 2020 Filed under: VRT
Expert answer
Hi Daniel,
In brief, CO2 emissions used to be measured on the 'NEDC' test, which was found to be inadequate. It was replaced by the new 'WLTP' regime, which still measures CO2 and outputs the rating that will be the only one used going forward.
So, the VRT and motor tax of an import, if it is registered after 1 January 2021, will be based on the WLTP CO2 rating if it exists. If it does not exist, then Revenue 'uplift' the NEDC CO2 rating according to a formula it has devised.
In the case of the 2020 Tiguan you mentioned, the 168g/km figure would be used. That means VRT of 26 per cent and annual motor tax of €420.
I recommend you read our three relevant guides, which have been updated since Budget 2021:
Motor Road Tax Prices in Ireland Explained
How Much VRT is Paid in Ireland?
Guide to Importing Cars from the UK
Shane O' Donoghue - Complete Car Advisor@Shane_O_D