Ireland Government plans to give Social Welfare Christmas bonus in Budget

09:42  09 october  2017
09:42  09 october  2017 Source:   dublinlive.ie

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The White Paper on estimated Receipts and Expenditure for 2018 has been published, and it shows the Government is planning to refund Irish Water charges and pay a Christmas Social Welfare bonus . The document forms part of the Budget process and shows a projection of revenues and spending for

Christmas Social Welfare bonus is set to be introduced. In the White Paper, the Government is also planning to show how they will refund Irish Water Charges, according to RTE. The document, which is part of the budget process

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The Government is planning on introducing a Christmas bonus to long-term Social Welfare clients. 

It's understood the bonus will be paid by using a surplus in the social insurance fund for this year.

According to the White Paper on estimated Receipts and Expenditure for 2018, which was seen by RTE News, also shows plans to refund Irish Water Charges.

The document forms part of the Budget process and shows a projection of revenues and spending before any changes are introduced.

The White Paper also shows an increase in the budget deficit of around €200million, understood to be caused by a rise in PRSI contributions.

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To achieve this vision, the government has already set in train a plan to boost UK productivity over the long term. The government is now required to reset the welfare cap for the new Parliament. The cap will be based on the OBR forecast in the Budget of the benefits and tax credits in Christmas Bonus .

Government in Ireland. My Situation. Christmas Bonus It was announced in Budget 2017 that a 85% Christmas Bonus will be paid in December 2016 to people getting a long-term social welfare payment.

Full details will be announced on Tuesday, October 10, when Finance Minister Paschal Donohoe delivers the Budget.

The Budget 2018 will also see working parents receive a wage increase of around €2.45 per hour, or almost €100 a week if they're working 40 hours.

But Independent Alliance ministers are at odds with their Fine Gael colleagues in government over the future of the hated Universal Social Charge (USC).

A spokeswoman for the group indicated that they are siding with Fianna Fáil in this row and want to see the tax cut in the Budget next month.

Taoiseach Leo Varadkar and Finance Minister Paschal Donohoe have both previously stated that they want to increase the €33,800 threshold where workers enter the top 40% tax band ahead of any cuts to the USC.

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It was announced in Budget 2017 that a 85% Christmas Bonus will be paid in December 2016 to people getting a long-term social welfare payment. Consumer Affairs. Moving Country. Government in Ireland.

The intent here is to figure out which presents the greater burden to our federal budget , corporate or social welfare programs. Debt Will Swell Under Top GOP Hopefuls’ Tax Plans Government Pays Doctors ,000 to Use an iPad.

Fine Gael say that this prioritisation would help put money back in the pockets of the squeezed middle.

The Taoiseach has also indicated that he plans to hike the price of cigarettes and wants to see a sugar tax introduced.

Speaking at the Fine Gael parliamentary party think-in in the Hotel Minella in Clonmel last month, he said: “Of course there will be revenue raising measures, I can’t go into specifics today, but it would be typical enough for example for there to be an increase in cigarettes, that is one of the things under consideration.

“Also, I’m a long-time supporter of the sugar tax and I’d like to see that introduced next year, but I’m not in a position to get into detail.” 

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