A date change is being communicated to recipients of benefits, such as Universal Credit, in advance of May's second bank holiday. This month has two holidays; the first one was on May 6 and just ended.
However, experts are encouraging users of PIP, Universal Credit, and other benefits to get financially ready as the second one is scheduled for May 27. Specialists at Spencer Churchill Claims Advice emphasised that it is important for people whose regular payment dates coincide with bank holidays to plan ahead.
A spokesperson said: "The payment date changes for benefits such as Universal Credit and PIP around bank holidays are essential for ensuring that beneficiaries can access their funds when needed. However, recipients should plan carefully as these adjustments could extend until the next payment cycle.
"Brits should note the early payment dates, particularly around public holidays like Christmas and Boxing Day, when expenses can be higher. It’s an opportunity to budget ahead and avoid financial strain during the extended period until the next payment.
“While the early payment system implemented by the DWP during bank holidays is beneficial, it requires beneficiaries to manage their finances more carefully. Especially since payments like Universal Credit are designed to cover regular living costs, the longer interval until the next payment can be challenging for some.
"The changes are not just a logistical necessity; they reflect the commitment to ensuring that individuals relying on government support are not left without funds during public holidays. This proactive approach is crucial for supporting the financial well-being of the most vulnerable populations during holiday closures.
"Four more bank holidays are taking place in the UK this year: Monday, May 27 - spring bank holiday; Monday, August 26 - summer bank holiday; Wednesday, December 25 - Christmas Day - and Thursday, December 26 - Boxing Day. On these days, benefits will be issued on the previous working day, allowing you to access your money sooner than expected.
"This adjustment only affects payments scheduled for a bank holiday. If your payment is set for any other day, it remains unchanged, and you'll receive your benefits as usual. For instance, if your benefits are due on May 27, they will instead be paid on Friday, May 24. Similarly, payments due on August 26 will be made on Friday, August 23.
“The exact benefits have not been confirmed but bank holiday changes usually apply to the following: Attendance allowance, Carer’s allowance, Child benefit, Disability living allowance, Employment and support allowance, Income support, Jobseeker’s Allowance, Pension credit, Personal independence payment (PIP), State pension, Tax credits, Universal Credit."