Five ways a Hard Brexit will impact on Motoring in Ireland
What are the implications for car buying and Motorists in a post no-deal Brexit writes Geraldine Herbert? Importing a car from the UK will become more expensive Over 100,000 used cars were imported last year from the UK and Northern Ireland. A no-deal Brexit would mean that UK car exports to the EU would become subject to a 10% tariff under World Trade Organisation rules. There would also be VAT Charged. The customs duty is applied...
How will a hard Brexit affect the Motorist in Ireland?
What would a hard Brexit mean for you as a driver writes Geraldine Herbert Importing a car would be more expensive –Over 100,000 used cars were imported last year from the UK and Northern Ireland. A no-deal Brexit would mean that UK car exports to the EU would become subject to a 10% tariff under World Trade Organisation rules. There would also be VAT Charged. The customs duty is applied first and then the VAT is charged, which...