Cyprus-Forum.com

by **cannedmoose** » Tue Jul 19, 2005 1:15 pm

Svetlana wrote:Hi Aidy

IF you have to pay Import Duty on your car it would be:

£13,700 x 4/10 = £5,480 x 1.15 (VAT) = £6302

(£13,700 is the normal Duty, 4/10 as your vehicle is 6 years old and Duty is subject to a 10 year straight line depreciation), VAT is 15%.

Registration will be £1,500 and road tax about £260 ish.

Lana

Blimey!

by **Svetlana** » Tue Jul 19, 2005 1:21 pm

You have to pay the Registration Fee on all vehicles not previously registered in cyprus: both new vehicles and imported used vehicles.
Plus, if you bring your vehicle over it will need to be MOTed here, even if only one day old and Port Fees.

Cars are expensive here, primarily, because of taxation.

Lana

by **Steve & Dawn** » Fri Jul 22, 2005 3:40 pm

Does the same import duties apply for motorcycles :?:

by **hincyprus** » Sat Jul 23, 2005 1:16 pm

Hi Lana,

I was under the impression that a certificate of emmission gases was required and can increase or decrease the duty subject to the emmission levels.

If there is no certificate then the vehicle carries an automatic extra 10% duty (plus VAt).

Also that if the person importing the car is an EU resident who then takes up Cyprus residency then 25% of the original duty calculation is not applicable.

And can you tell me:

I own a 1996 Suzuki which was imported into Cyprus in 2001 and was purchased duty free.

In theory the current duty payable if I sell the vehicle will be: C£5394 (Vat already paid at time of purchase).

But is this duty subject to depreciation? I ask because when I asked the C and E, they said there was no depreciation now allowable. It was the old method. There words not mine.

Oh clever one please have the answer.

H

by **Svetlana** » Sat Jul 23, 2005 3:19 pm

Hi hincyprus

Firstly emissions: The excise duty for category of a car/jeep (but not a doublecab - the Cypriot working man's bolide of choice!)) is differentiated according to the mass of carbon dioxide (CO2) emissions in a combined cycle, as follows:

it is reduced by 15%, if the mass of carbon dioxide emissions in a combined cycle is equal or less than 150 grams per kilometer (gr/km);
it is increased by 10%, if the mass of carbon dioxide emissions in a combined cycle is greater than 275 gr/km.

This reduction is granted or increase is imposed in accordance with the level of carbon dioxide certified by a certificate issued by the Inland Transport Department . The increase of 10% shall be imposed on vehicles having an engine capacity exceeding 2250 cc, if a certificate from the Inland Transport Department showing a level of carbon dioxide less than 275 gr/km is not produced.

The certificate for the mass of carbon dioxide for customs purposes is issued on the basis of particulars shown on the Certificate of Conformity, which must accompany every vehicle for registration or on a certificate issued by the vehicle type approval authority of the member state of the European Union.

If a vehicle is not accompanied by a Certificate of Conformity, it is practically difficult to prove the level of the mass of carbon dioxide emissions, because the only evidence acceptable by legislation is the Certificate of Conformity or a copy of the approval of vehicle type.

Now regarding depreciation of Excise Duty:
For the vehicles mentioned below, which I believe pertains to your vehicle, the excise duty will be calculated either on the basis of the customs provisions applicable until 23 November 2003, i.e. on the basis of their value, or on the basis of the cubic capacity of their engine and the lesser of the two amounts will be payable:

For used vehicles, which had been imported and were not cleared until 24 November 2003, or used vehicles which have been imported by 31 December 2003, as long as the Director of Customs is satisfied that their shipment had been arranged before 24 November 2003, or have been imported by 10 January 2004 but their delayed arrival is not due to acts or omissions of the importer.

So, I would have thought you have the option as to which method of calculation of Duty should be apllied. I also believe that age related depreciation of Duty liable does apply.

Lana

by **Svetlana** » Sun Jul 24, 2005 9:39 am

Hi Hincyprus

A Second thought; if the C&E are saying no age related decrease in the Duty maybe they are regarding it as a vehcile now being imported (although I appreciate it has been on the island for some time). For this situation the rules are different:

A vehicle is considered as used if it has done more than 6.000 km and at the date of its transfer to Cyprus is more than 6 months old, calculated from the date of its registration for the first time in any country.

An amount of 15% of the excise duty due is deducted, if the vehicle is less than one year old at the time of its transfer to Cyprus.
A total amount of 20% of the excise duty due is deducted if the vehicle is between one and three years old at the time of its transfer to Cyprus.
An additional amount of 25% of the excise duty due is imposed, if the vehicle is more than 5 years old at the time of its transfer to Cyprus. This additional amount is not payable in the case of vehicles imported by permanent residents abroad, who take up permanent residence in Cyprus and which at the time of their transfer to Cyprus were registered in their name.

Maybe C&E are just confused by their own rules LOL!

Lana

by **hincyprus** » Sun Jul 24, 2005 9:53 am

Maybe C&E are just confused by their own rules LOL!

Lana[/quote]

That is much more likely. :wink:

It always seems to me that the left hand does not know what the right hand is doing.

Which reminds me of a situation that happened recently:

Although I was not the party concerned (it was a close friend) there was a problem following the transfer of his UK driving licence to a Cyprus licence as required after 6 months residence.

He attended the transport department on several occasions and was transferred from pillar to post, getting nowhere.

Having discussed the situation with a mutual Cypriot friend the answer was found:

He employed a "service" person who duly approached the transport department.

Within 2 days the problem was easily solved but involved a fee for the "service person" as is only fair, and shall we say a little "extra" that was used within the transport department.

One now happy Brit.

And people cry wolf at corruption in Africa..............

H

by **annecollings** » Sun Jul 31, 2005 9:57 am

Having gone through both driving a car from UK to Cyprus before joining EU and some years later going through purchase of duty free performance and seeing friends who came out in February bringing their car from UK and the hassles that we have all been through, and the money that we have had to fork out - If I did it all again I would buy a duty paid car in Cyprus!!!! But may be that's just me - I can't stand the stress and hassles... Like for instance, we bought a house that was already built because we just could not face he hassle of building and I am seeing other people go through these very stressful times and I am just so glad that all my "things" are sorted out now! But, recently I went to CYTA to register my Pay as you go phone to a cypriot registered one (for personal reasons) and confused them completely by producing my ID as a Yellow Slip (now replacing the Pink Slip) - this confused them completely!!! Fisrt one they had seen. They started to tell me I would have to pay the CYP 1,000 deposit - oh no, no, no I said - we are in the EU now, I am English and an EU member..... they understood in the end and I will be allowed to transfer my phone (once I have used up my money on the card so as not to lose it). Oh joy - Cyprus....!!!!!