Written answers

Wednesday, 5 October 2022

Department of Public Expenditure and Reform

Cost of Living Issues

Photo of Gerald NashGerald Nash (Louth, Labour)
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133. To ask the Minister for Public Expenditure and Reform if he will provide a list of all the one-off cost of living measures announced as part of the €4.1 billion package; the estimated cost of each measure and the measures which will arise in 2022 or 2023, in tabular form; and if he will make a statement on the matter. [49027/22]

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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The expenditure side measures announced as part of the €4.1 billion winter cost of living package amount to €2.4 billion. Tax side measures make up the remaining €1.7 billion.

This €2.4 billion expenditure figure comprises a package of €2.2 billion in measures to support households, which is set out in Table 5 of the Expenditure Report, and €0.2 billion in supports for business through the Ukraine Emergency Response Scheme to be administered by the Department of Enterprise, Trade and Employment. These are also set out in tabular form below. These are measures that provide targeted support, towards the causes of our current inflation and to those particularly vulnerable, and that can be delivered quickly to provide timely assistance to those who might be struggling.

Household Package Measure Monetary Benefit (€) Exchequer Cost (€m) Benefit Received Recipients (Unless Stated)
Electricity Credit 1 200 400 November 2022 All Households
Electricity Credit 2 200 400 Jan/Feb 2023 All Households
Electricity Credit 3 200 400 March/Apr 2023 All Households
Weekly Welfare Schemes double week Various 316 October 2022 1.4 – 1.5 million
Fuel Allowance Lump Sum 400 149 November 2022 c.370k
Once-off payment of €500 to those in receipt of the Carer's Support Grant and to people on Disability Allowance, Blind Pension & Invalidity Pension 500 175 November 2022 c.350k
Living Alone Allowance Lump Sum 200 46 November 2022 c.230k
Working Family Payment Lump Sum 500 23 November 2022 c. 47k
Child Benefit Double Payment (per child) 140 170 November 2022 c.640k families relating to c.1.2 million children
Once off reduction in the student contribution fee by €1,000 for undergrads and 1/3 for Apprentices; €1,000 increase to post-graduates tuition fee contribution grant 1,000 (1/3 for apprentices) 106 Q4 2022 c.96k undergrads, 2.4k post grads in receipt of SUSI and circa 10k apprentices
Double payments to those eligible for SUSI maintenance grants and once off payment of €500 for SFI and IRC PhD researchers Various 19 Q4 2022 50k SUSI recipients, and 4k PhD students
Student Assistance Fund Various 8 Q4 2022 Determined by Higher Education Institutions
Total Household Cost of Living Package 2,212
Enterprise Measure Exchequer Cost (€m) Intended Recipients
Ukraine Emergency Response Scheme 200 Firms faced with liquidity shortages as a result of increased energy costs
Net Total Expenditure Once-Off Cost of Living Package Measures within the €4.1 billion figure 2,412

In addition to these €2.4 billion worth of measures, €0.3 billion in funding will be provided from remaining unallocated amount in the contingency reserve to provide support for other sectors and services. Funding will be provided to Local Authorities; Schools; the Further and Higher Education sector; Health funded bodies; and the cultural, sports, community and voluntary sector. These allocations are set out in Table 7 of the Expenditure Report. Separately, a Christmas Bonus will be paid to eligible social protection payment recipients in December, also funded from expected savings.

The Exchequer cost for all these items will arise in 2022. Households will continue to see a benefit on electricity bills into 2023 as Electricity Credits totalling €400 will be applied in the new year against winter bills.

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