Here’s why your benefits could be paid early this month
The second bank holiday weekend of May is fast approaching, but if you’re a recipient of benefits and are due to be paid over the bank holiday weekend, your payment days could change slightly as a result.
Here’s what you need to know.
When will I get paid for tax credits over the May bank holiday weekend?
Tax credit payments are due on Monday 25 May 2020. However, as this falls on a bank holiday, you may be paid early, on Friday 22 May.
According to the Gov.uk website, “If it’s a bank holiday anywhere in the UK your payment may be early.”
Usually, tax credit payments are made every week or every four weeks.
“You choose if you want to get paid weekly or every 4 weeks on your claim form. If you do not have a claim form, contact HM Revenue and Customs (HMRC),” the website explains.
What are the bank holiday payment dates coming up for tax credits?
Due date: 25 May 2020. Payment date: 22 MayDue date: 13 July 2020. Payment date 10 July - Northern Ireland onlyDue date: 3 August 2020. Payment date: 31 July - Scotland onlyDue date: 31 August 2020. Payment date: 28 AugustDue date: 25 December 2020. Payment date: 24 DecemberDue date: 28 December 2020. Payment date: 24 DecemberDue date: 29 December 2020. Payment date: 24 December - Northern Ireland onlyDue date: 1 January 2021. Payment date: 31 DecemberDue date: 4 January 2021. Payment date: 31 December - Scotland only
If your payment is late, you need to check the payment date on your award notice and contact your bank before calling HMRC.
What about Child Benefit?
Child Benefit payments are due on Friday 22 May instead of Monday 25 May.
Upcoming bank holiday Child Benefit payment dates
Due date: 25 May. Payment date: 22 May.Due date: 31 August. Payment date: 28 August.Due date: 28 December. Payment date: 24 December.
When will Personal Independent Payment (PIP) be paid?
Personal Independence Payment (PIP) is usually paid every four weeks.
If your payment date is on a weekend or a bank holiday you will usually be paid on the working day before.
If you are due to be paid on Monday 25 May, you should receive it on Friday 22 May.
When will Universal Credit be paid over the bank holiday?
Although Universal Credit is paid every month on the same date, payment dates vary slightly over the bank holiday.
The payment date is determined by when your first payment arrived. If you first got paid on 11 March, for example, then you will usually get paid on the 11th of every month.
But dates will change if your pay date falls on a weekend or bank holiday.
If you are due to be paid on Monday 25 May, you will be paid on Friday 22 May.