The move reflects a change in the Finance Act 2012 and means that residual VRT on a saloon, hatchback, SUV or other M1 classification car may be reclaimed from Revenue.
The scheme will require the owner of a car to be exported to have it assessed for the value of the reclaimable tax through an 'Export Examination' at an NCTS Centre.
The reclaim is only applicable where VRT has been previously charged on a Revenue VRT Category A basis.
Calculation of repayment amounts will take into consideration any previous Repayments or Exemptions from VRT associated with the particular vehicle. A Revenue Administration Fee will also apply.
The owner of the exported vehicle will be required to provide documentary evidence that it is no longer in th State.
Only the named owner of the vehicle as recorded on the National Vehicle and Driver File (NVDF) will be eligible to receive the repayment.
Revenue have put a Calculator on their website where owners of cars can get an estimate of the amount that might be repaid.
