Select Language

English

Down Icon

Select Country

America

Down Icon

Full list of DWP May bank holiday payment dates revealed from State Pension to PIP

Full list of DWP May bank holiday payment dates revealed from State Pension to PIP

Paying with British currency

Full list of DWP May bank holiday payment dates revealed from State Pension to PIP (Image: Getty)

State Pension, Universal Credit, Attendance Allowance, and other benefit claimants may see changes to their payment dates next month due to two bank holidays in May. The holidays fall on Monday, May 5, and Monday, May 26. The Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) do not issue benefit payments on these days.

Payment dates can vary depending on the type of benefit received. If your scheduled payment falls on a bank holiday, it will likely be made earlier. According to a statement on GOV.UK: “If your payment date is on a weekend or a bank holiday, you’ll usually be paid on the working day before.”

Department For Work And Pensions

The DWP typically pays benefits due on a bank holiday on the working day before instead (Image: Getty)

This means benefit payments due to be paid on either of these days will likely be paid on Friday, May 2, and Friday, May 25.

Some benefits are paid every two weeks, while others can be paid every four weeks.

Whether you’ll be impacted by the upcoming bank holiday payment changes will depend on the days you typically receive your benefits.

Stay up-to-date with the latest Money news Join us on WhatsApp

Our community members are treated to special offers, promotions, and adverts from us and our partners. You can check out at any time. Read our Privacy Policy

HMRC payments typically due on Monday, May 5, will land on Friday, May 2 instead.

Those expecting a HMRC benefit payment on Monday, May 26, will instead receive theirs on Friday, May 23.

The payments affected include:

  • Child Benefit
  • Guardian’s Allowance

Those due a DWP benefit payment on May 5 and May 26 will also receive it early on May 2 and May 23.

If you’re expecting a payment from any of the following benefits on the bank holiday dates, you will likely be affected:

Experts warn that benefit claimants should be cautious and plan their budgets effectively in light of early payments. Andy Wood, money expert from Crypto Tax Degens, said: “Bank holidays are a predictable occurrence, and understanding how they affect benefit payments can be crucial for effective financial management.

“With payments like Carer's Allowance, Disability Living Allowance, and Jobseeker's Allowance being issued ahead of time, beneficiaries are encouraged to plan their budgets with these early payments in mind, ensuring they can cover their essential needs during the holiday period.”

Daily Express

Daily Express

Similar News

All News
Animated ArrowAnimated ArrowAnimated Arrow