Tax Appeals Commission determination 114TACD2020 regarding VRT, 2020

• Administrative Decision Number: 114TACD2020
• Date: 06 April 2020
• Subject Matter: VRT
• Respondent: REVENUE COMMISSIONERS

114TACD2020

BETWEEN/

APPELLANT

Appellant

V

REVENUE COMMISSIONERS

Respondent

DETERMINATION

Introduction

1. This appeal concerns the valuation of a vehicle for the purposes of ascertaining the

open market selling price (‘OMSP’) in respect of the calculation of Vehicle Registration

Tax (‘VRT’).

2. On agreement of the parties this appeal is determined in accordance with section

949U of the Taxes Consolidation Act 1997, as amended (‘TCA 1997’).

Background

3. The vehicle, the subject matter of this appeal, is a REDACTED 5dr Automatic first

registered in the United Kingdom on 25 September 2018, now bearing the

registration number REDACTED. The Appellant registered the vehicle and paid VRT

based on an open market selling price (OMSP) of €75,112 determined by the Revenue

Commissioners. The car was registered with the National Car Testing Service (NCT)

on 11 July 2019. The Appellant paid VRT of €23,284 which equates to 31% of the

OMSP as determined by Revenue.

4. The Appellant appealed to the Revenue Commissioners under section 145 of the

Finance Act, 2001 (as amended). On appeal the OMSP was not revised by the Revenue

Commissioners. This was notified to the Appellant by letter dated 23 July 2019. The