Michael Ring (Mayo, Fine Gael)
Link to this: Individually | In context | Oireachtas source

246. To ask the Minister for Finance if an invoice (details supplied) will be accepted to determine the value of a vehicle to calculate the amount of importation VAT; and if he will make a statement on the matter. [1400/21]

Paschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

I am advised by Revenue that where there is a valid invoice arising from an arms-length transaction, the value on the invoice is acceptable in determining the value of the vehicle for the purposes of calculating import VAT.  The VAT arising will be charged on the purchase price inclusive of all taxes, plus the costs of transport and insurance associated with the importation of the vehicle from Great Britain to Ireland plus any customs duties or other import taxes which may arise on importation. 

Details are published on Revenue’s website at .