Keeping track of benefit payment dates is crucial, especially when holidays come into play. The Department for Work and Pensions (DWP) has released its early payment schedule for 2024/25. Here’s what you need to know to stay on top of your finances.
DWP Early Payments 2024/25
With the upcoming Summer bank holiday on 26 August 2024, the DWP and HMRC have adjusted their payment schedules. Benefits such as Universal Credit, Pension Credit, and Personal Independence Payment (PIP) will be paid on 23 August 2024.
This adjustment ensures beneficiaries receive their funds before the holiday weekend.
Key Payment Dates
Summer Bank Holiday Adjustment
Since the bank holiday falls on 26 August 2024, DWP benefits will be deposited early. Expect your funds to hit your account on 23 August 2024. This change applies to all benefits processed by the DWP and HMRC.
Regular Payment Schedules
Each type of benefit has a specific payment frequency. Understanding your schedule helps in financial planning:
| Benefit | Payment Frequency |
|---|---|
| Attendance Allowance | Every four weeks |
| Carer’s Allowance | Weekly in advance or every four weeks |
| Child Benefit | Every four weeks or weekly |
| Disability Living Allowance | Every four weeks |
| Employment and Support Allowance | Fortnightly |
| Income Support | Fortnightly |
| Jobseeker’s Allowance | Fortnightly |
| Maternity Allowance | Every two or four weeks |
| Pension Credit | Every four weeks |
| Personal Independence Payment | Every four weeks |
| State Pension | Every four weeks |
| Tax Credits (Working Tax Credit) | Weekly or every four weeks |
| Universal Credit | Monthly |
Public Holidays Impacting Payments
Public holidays can affect when you receive your benefits. Here’s a list of UK public holidays in 2024 to help you anticipate changes in your payment dates:
| Occasion | Holiday Date |
|---|---|
| New Year’s Day | 1 January |
| Good Friday | 29 March |
| Easter Monday | 1 April |
| Early May Bank Holiday | 6 May |
| Spring Bank Holiday | 27 May |
| Summer Bank Holiday | 26 August |
| Christmas Day | 25 December |
| Boxing Day | 26 December |
Regional Holidays
In addition to nationwide holidays, be aware of regional holidays in Scotland, Wales, and Northern Ireland. These can also influence when benefits are deposited.
What to Do If You Don’t Receive Your Payment
If you expect a payment but don’t receive it before a bank holiday, contact the DWP for assistance. Delays can occur, but prompt communication ensures you understand the reason and can resolve any issues quickly.
FAQs
When are the early payments for the August bank holiday?
Payments are made on 23 August 2024.
What should I do if my payment is late?
Contact the DWP immediately for assistance.
How often is Universal Credit paid?
Universal Credit is paid monthly.
Are all benefits paid early on public holidays?
Yes, the DWP typically processes early payments before public holidays.
Can payment schedules change?
Yes, they can change due to public holidays or other factors. Always check for updates.
