Tagged: New member - IVA
February 18, 2021 at 21:30 #417FergalBParticipant
I’m just joined today now that I have joined the world of kit car owners!! I have been building a Caterham 310S for the last number of months and all now done with it heading to the UK early next month for its PBC and IVA prep. I had been in Contact with NSAI regarding an IVA in Ireland however doesn’t seem like they’re quite ready to start doing the IVA’s yet? Is that correct? I have an option for Caterham to carry the IVA for me before the car comes back however I was thinking from registering in Ireland point of view it may be better to do it hear? Any thoughts?
Thx for any help.
February 21, 2021 at 16:53 #419AndrewOBWKeymaster
Hi Fergal, welcome to the club! I’ve just split your reply off into a separate thread so it’s easier to track. That’s a lovely car you’ve picked to build, and no doubt it’ll be great fun once you have it on the road. NSAI don’t have any centres up and running to do IVA as of yet, but the impression I got was that it wasn’t that far away. I’m overdue a conversation with them on the topic so I’ll definitely follow up. I hadn’t actually thought of the option for kit car manufacturers to organise IVAs in the UK before. British IVA is certainly recognised in Ireland, however there’s a chance it might confuse the tax office, as they’ll only be used to seeing it for already registered cars. Whether it’s here or there that the IVA is carried out, make sure you don’t register it in the UK first, as you’ll have to pay VRT there, and then when you “import” it to Ireland, you’d have to pay VAT and VRT. Sorry I can’t give a more definitive answer just yet, but I’ll do some digging for you!
March 3, 2021 at 14:42 #423simoncarrollParticipant
Consider certification separately from registration, though you need certification in order to register.
Getting a UK IVA via Caterham sounds like a good idea, it’s certainly the path about which most is known.
The NSAI have an Irish IVA standard, and a manual but as Andrew says, currently no process by which you could go and get your car tested.
When I met with them in 2013, and again in 2016 after the Brexit poll, they said that a UK IVA would continue to be recognised here, though your form to ‘convert’ your UK IVA to an irish one will need additional information including corner weights not required over there.
The tricky bit is registration, and how much money you’ll have to pay, and to whom.
If money is no object, get your IE IVA (using your UK IVA), bring it down to an NCT centre like any other imported car, and pay what they ask for.
This will certainly involve VRT (% of OMSP multiplied by a factor based on the CO2 emissions of your engine, 34% for me). They have to establish what your car would sell for here on the open market, which is tricky and subjective. For me, I have a car that is 1-of-1 in the republic of ireland, and if they decide it’s a bit like an Ariel Atom and they want 34% of €70k, I have a real problem. At least with a Caterham you can point to previous sales. You should collect evidence of these, save screenshots etc.
The fun doesn’t stop there. If it’s a new build, new chassis etc, you might owe VAT of 23% on it too. And if you’re coming in from England, customs duty (12% I think).
Importing a vehicle from Great Britain (GB)
From 1 January 2021 vehicled imported from Great Britain are liable to:
customs duty, if applicable
Vehicle Registration Tax (VRT)
VAT at the current standard rate.
March 11, 2021 at 10:23 #437FergalBParticipant
Thanks Andrew and Simon for your feedback. My Caterham is currently in the UK getting its Post Build Check and they are prepping it for its IVA inspection on the 22nd so I should have it back with me before the end of the month to start the joyful experience of trying to register it. The one good think going for me is that it is deemed a 2020 build so it happened prior to Brexit coming into effect. One less thing to worry about! The way I’m currently looking at it is that the VRT is the VRT and to some degree its in the lap of the gods as to what they’ll charge me. the one I would love to avoid is paying the VAT on top of that, and its very difficult to get clear detail on this either way! Will keep digging! thanks again.
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