People on State Pension or benefits set to receive payments early next week due to bank holiday
dailyrecord.co.ukThe May Day bank holiday falls on Monday, May 1 and payments delivered by HM Revenue and Customs (HMRC), including Working Tax Credit, Child Tax Credit, Child Benefit and Guardian’s Allowance, due on that date will be made early next week instead.
The Department for Work and Pensions (DWP) is also expected to announce similar changes soon.This will mean payments due on the bank holiday Monday for State Pension and benefits including Universal Credit, Personal Independence Payment (PIP) and Jobseeker’s Allowance (JSA) will also land in bank accounts on Friday, April 28 - we will update this article as soon the details have been confirmed.The Coronation of King Charles III takes place on Saturday, May 6 which means Monday, May 8 will also be classed as a bank holiday.
HMRC has confirmed payments due on that date will be made on Friday, May 5.DWP has not confirmed any changes yet, but is expected to do so shortly.
Typically, DWP payments are made when offices and lines are open and on nationally recognised bank holidays when offices are closed, payments are made on the first working day prior to the affected date.This would see payments due on Monday, May 8 paid on Friday, May 5.The bank holiday immediately after the Coronation of King Charles on May 6 has been set aside for volunteering and is being billed as ‘the big help out’.
Read more on dailyrecord.co.uk