Proportionate payment calculation - 12 month lease
12 month lease
|Lease begin date||Lease end date||Period of lease||VRT amount on vehicle|
|14 September 2019
||13 August 2020
VRT due under Scheme
- 21% is the proportionate rate applicable to a 12-month lease.
- The amount of VRT due at registration is therefore 21% of the full VRT calculated.
Total to be paid at registration
VRT at the proportionate rate = €10,000 * 21% = €2,100 + the €100 administration charge = €2,200