The cost of clearing customs for products imported into the Republic of Ireland from outside the European Single Market, e.g. Northern Ireland or Great Britain, depends on many factors and variables, as well as the type of commodity being imported. Generally, customs duties, excise, and VAT apply. The current VAT rate (as of 1 March 2021) is 23%.
Thus, to give an example, a private individual who purchases a BMW 3 series in the UK for £10,000 will be required to pay 10% customs duty and 23% VAT.
The customs calculation is as follows:
£10,000 = €11,707
€11,707 @ 10% = €1170.70
The VAT calculation is as follows:
€11,707 + €1170.70 = €12,877.70
€12,877.70 @ 23% = €2961.87
The total customs clearance is as follows:
€1170.70 + €2961.87 = €4132.57