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A Christmas Bonus & An Irish Water Refund On The Way.

Cheer Up – A White Paper, showing a projection of revenues and spending for 2018, has been published, with same confirming that the present Government plan to reimburse previously paid water charges before Christmas, while also disbursing a Social Welfare ‘Christmas  Bonus’.

The White Paper also illustrates that the budget deficit for the current year will actually be better than forecast (0.3% of GDP), while next year’s deficit is forecast at 0%.

The Christmas bonus payment to long-term Social Welfare clients will come from a surplus in the social insurance fund for this year, and will be supplemented from existing resources in current spending.

Full details will be announced on Tuesday when the government announces its latest Budget details.

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