Creed rejects suggestion that VAT increase is the ‘death knell for rural Ireland’

The Minister for Agriculture rejects any suggestion that increasing the VAT rate for the hospitality sector in this week’s budget will be the ‘death knell for rural Ireland’.

Minister Michael Creed admits that restoring the rate back to the 13.5% rate was one of the ‘more difficult’ budget decisions.

Businesses in the sector in the North West say the move is devastating and will cost jobs.

But speaking to Ocean FM News this week, Minister Creed said the meausre was aimed at the bigger urban businesses: