As far as I am aware i only get taxed on my profits,know i have to pay VRT, could someone enlighten me on what the charges are, cheers, also do i need some sort of trading license?
2007-11-06 04:08:17 · 2 answers · asked by liam r 1 in Business & Finance ➔ Taxes ➔ United Kingdom
Cars are even more expensive in Ireland than the UK .. that's why Irish Contractors who come over to UK, buy a car here & drive it back and then sell it (after, I believe, 3 years) & still make a profit ... whilst UK people go to Holland to buy their cars ...
If you do it as a business, buying (over taxed) cars in UK, you will end up paying Irish Taxes on top and your end prices will be the even higher than existing Irish Car Sales ...
2007-11-07 18:38:47 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
Pal, if you go for this infos on Yahoo, you are better of never to go in your own business.
2007-11-06 12:11:52 · answer #2 · answered by Anonymous · 1⤊ 0⤋