Two bank holidays take place next month that will see some people across the UK receive scheduled payments earlier than planned. HM Revenue and Customs has already published updated payment date details for Tax Credits and Child Benefit due over the affected days in May, while the Department for Work and Pensions is expected to announce similar changes soon.
The second bank holiday falls nearer the end of the month, on Monday, May 27. Scheduled payments due on that date will land in bank accounts on Friday, May 24. Typically, DWP payments are made when offices and lines are open and on nationally recognised bank holidays when these communication channels are closed, payments are made on the first working day prior to the affected date.
Top Money Stories Today HMRC payment date changes in May Payments from HMRC due to be made on Monday, May 6 will arrive on Friday, May 3 and money due on Monday, May 27, will be paid on Friday, May 24, 2024.DWP possible payment date changes in May These have not been confirmed, but expected to follow the same changes as those being made by HMRC, we will update this article as soon as any changes have been announced.
State Pension Personal Independence Payments Universal Credit DWP Social Security Scotland HMRC Disability Benefits Child Benefits Tax Credits Legacy Benefits Personal Finance
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