How long?
#1
How long?
Does anyone know how long you have to keep a car that you have brought into the country and fully matriculated before you can sell it without having to pay millions of Euros in tax?
I have a car that was fully matriculated 18 months ago and I'm looking to change it - but only if I'm not going to get clobbered with a huge tax bill!
Some people have told me it's 1 year and others have said it is on a sliding scale up to five years....
Also, is it the same for motorcycles?
Cheers.
I have a car that was fully matriculated 18 months ago and I'm looking to change it - but only if I'm not going to get clobbered with a huge tax bill!
Some people have told me it's 1 year and others have said it is on a sliding scale up to five years....
Also, is it the same for motorcycles?
Cheers.
#2
BE Forum Addict
Joined: Feb 2008
Location: Praia da Luz
Posts: 1,509
Re: How long?
I'm sure I was told a year when I matriculated mine in Jan 2010. Things may have changed though...
#3
Just Joined
Joined: Dec 2007
Location: ALCOBACA PORTUGAL
Posts: 11
Re: How long?
I got caught by this one, its on a sliding scale upto 5 years. At the end of the day I didn't loose out. I got as much for the car as if I had taken it back to the UK even after paying the tax.