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Proportionate payment of VRT on leased vehicles

  1. Overview
  2. How a vehicle qualifies
  3. Leasing company application
  4. Customer application
  5. Declaration and registration
  6. Extending a lease
  7. Retention of the vehicle
  8. Export procedure

Export procedure

Where a vehicle:

  • is intended to be exported by the customer when the lease ends
  • or
  • exits a lease agreement early

the vehicle should be presented at a National Car Test (NCT) Centre to be processed under the Export Repayment Scheme. Revenue will then establish the correct Vehicle Registration Tax (VRT) due for that vehicle over the period of the lease.

Where it is due, a refund of overpaid VRT will issue to the person who registered the vehicle. This person will also have to pay any additional VRT which may arise.

Leasing repayment queries may be made by calling the following numbers:

  • 01 8589150
  • 01 8589151
  • or
  • 01 8589186.
  • Example
    Either (1) Scheme term expires or (2) Early termination of lease
    Max VRT = €10,000 Vehicle Registration Tax (VRT) normally due
    VRT paid to date = €2,100

    The VRT paid on this car is €2,100 (€10,000 * 21%[the rate applicable for 12 months])

    The lease is being terminated on 13 March 2020 = 182 days (14 September 2019 to 13 March inclusive)

    Calculation 1: Scheme term expires

    - System establishes the VRT due on the day of the export examination if the vehicle was being imported on that same day = €1,900.

    - System subtracts the amount of VRT due from the VRT paid = €2,100 - €1,900 = €200.

    Less the administration charge due = €200 - €100 = €100 payable to the customer.

    Calculation 2: Early ending of lease – 6 months early on a 12-month lease

    - System establishes the VRT due on the day of the export examination if the vehicle was being imported on that same day = €950.

    - System subtracts the amount of VRT due from the VRT paid = €2,100 - €950 = €1,150.

    Less the administration charge due = €1,150 - €100 = €1,050 amount refundable to customer.

Published: 27 December 2023 Print this page

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