eBrief No. 018/21 – Valuation System for New and Used Vehicles


04  February 2021

Valuation System for New and Used Vehicles

VRT Manual Section 8 – Valuation System for New and Used Vehicles – has been updated to reflect changes introduced in Finance Act 2020. Changes to the manual include:

  • Updates to Section 3.7.1 – Calculate the CO2 element
  • Updates to Section 3.7.2 – Calculate the NOx element
  • Updated calculations to incorporate the changes to the CO2 and NOx figures in Section 4 – Example of a VRT Calculation – and Appendix 2 – Calculations for Recently  Registered Category A Vehicles
  • Updates to Minimum VRT amounts – VRT Category A (M1/N1) in Appendix 3.

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