The Working Family Payment (WFP) is an in-work support, which provides an income top-up for employees on low earnings with children. WFP is designed to prevent in-work poverty for low paid workers with child dependants and to offer a financial incentive to take-up employment.
As of December 2017 there were some 57,700 families with almost 130,000 children in receipt of WFP. Estimated expenditure on the Working Family Payment for 2017 was over €422 million.
There are currently over 56,000 families with 126,000 children in receipt of WFP. The estimated spend on WFP for 2018 is approximately €431 million, following the increase in the thresholds provided for in last year’s Budget.