
Hi, I was looking to import a commercial vehicle from the UK for private use. As there is different VRT rates for commercial vs private how do I go around the process of converting the vehicle to private and what tax implications are there?
Hi Terence,
On import, the VRT rate for a commercial vehicle is 13.3 per cent of its open market selling price (OMSP - and determined by Revenue). Then you need to inform Revenue that you wish to register the vehicle for private use. That will mean annual motor tax based on its engine size, regardless of how old it is.

Ask us anything motoring related and please provide as much information as possible so we can give you the most accurate advice.