Changes to payment dates for State Pension, PIP, Child Benefit and other benefits are expected next month. HM Revenue and Customs (HMRC) has already released updated payment date details for Tax Credits and Child Benefit due over the two bank holidays in May, with the Department for Work and Pensions (DWP) set to announce similar changes soon.
The first Bank Holiday is on Monday, May 6, and payments delivered by HMRC, including Working Tax Credit, Child Tax Credit, Child Benefit and Guardian's Allowance, due on that date will be made on Friday, May 3 instead. The DWP is also expected to announce similar changes to payments due for State Pension and benefits including Universal Credit, Personal Independence Payment (PIP) and Jobseeker's Allowance (JSA).
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. The DWP and Social Security Scotland have not confirmed any changes to scheduled payments yet, but are expected to do so shortly.
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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, reports the Daily Record.
The early May Bank Holiday and Spring Bank Holiday will be observed across Scotland, England, Wales and Northern Ireland.
Changes to HMRC payment dates in May
HMRC payments scheduled for Monday, May 6 will now arrive on Friday, May 3. Similarly, money due on Monday, May 27, will be paid on Friday, May 24, 2024.
Affected payments include:
- Working Tax Credit
- Child Tax Credit
- Child Benefit
- Guardian’s Allowance
Potential changes to DWP payment dates in May
While these have not been confirmed, they are 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.
DWP payments 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.
Possible affected payments include:
- Attendance Allowance
- Carer’s Allowance
- Employment Support Allowance (ESA)
- Income Support
- Jobseeker’s Allowance (JSA)
- Pension Credit
- Personal Independence Payment (PIP)
- State Pension
- Universal Credit
Social Security Scotland may also amend scheduled payments due on the May bank holidays. We will update this article once any announcements have been made.
