Your benefits could be paid early this month - here's why

Thursday, 27th August 2020, 3:47 pm
Updated Thursday, 27th August 2020, 3:47 pm
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 (Photo: Shutterstock)

The August bank holiday weekend in England 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 August bank holiday weekend?

Tax credit payments are due on Monday 31 August 2020. However, as this falls on a bank holiday, you may be paid early, on Friday 28 August.

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: 31 August 2020 - Payment date: 28 August 2020
  • Due date: 25 December 2020 - Payment date: 24 December
  • Due date: 28 December 2020 - Payment date 24 December
  • Due date: 29 December 2020 - Payment date - 24 December - Northern Ireland only
  • Due date: 1 January 2020 - Payment date: 31 December
  • Due 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 28 August instead of Monday 31 August.

Upcoming bank holiday Child Benefit payment dates

Due date: 31 August - Payment date: 28 AugustDue 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 31 August, you should receive it on Friday 28 August.

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 31 August, you will be paid on Friday 28 August.