Anger over go-ahead for next week's Vat payment demand

Groups representing the most vulnerable small companies, including tourism, hospitality, and retail firms facing into the Covid-19 storm, say they are angered by the Government’s decision to allow Revenue collect a regular Vat payment at the end of next week.

Neil McDonnell, head of business group Isme, said he was “absolutely underwhelmed” and predicted the Government will be forced into an immediate U-turn over the looming Vat payment after it emerged that Revenue did not plan to defer the payment for small firms after all.