Hi Patrick,

For vans, VRT is 13.3 per cent of the Open Market Selling Price, the OMSP. That's the value Revenue believes the vehicle to be worth in Ireland and it can vary considerably depending on specification, mileage, condition, etc. Taking a look at 2018 Transit Connects on sale on Carzone, the most expensive seem to be below the €15,000 mark. If Revenue deems the OMSP to be €15,000, then your VRT bill would be €1,995. We'd expect it to be a little lower in reality.