December 4th 2024.
Attention all benefit recipients! With Christmas just around the corner, it's important to stay informed about any changes that may affect your payments. If you receive benefits from the DWP or HMRC, there's a good chance your payment dates will shift during the holiday season. This is done to ensure you receive your funds when offices are open, especially since there may be limited availability due to the festive season.
The HM Revenue and Customs has already provided guidance on the adjusted payment schedules, while the Department for Work and Pensions is expected to announce their plans closer to the holidays. Both agencies typically follow the same schedule to ensure that you have access to support and services when needed. This is especially important during the holiday fortnight, when offices may be closed, and phone and online services may be unavailable. These adjustments are put in place to ensure that you can reach advisors if necessary.
This year, Christmas Day falls on a Wednesday and Boxing Day on a Thursday, both of which are Bank Holidays in England, Scotland, and Wales. New Year's Day is also a Bank Holiday across the UK, with January 2nd being recognized as one in Scotland. This means that both HMRC and the DWP will undergo changes during the festive period.
If you receive Tax Credits, here are the adjusted payment dates that have been confirmed: payments due on Wednesday, December 25th will be paid on Tuesday, December 24th, payments due on Thursday, December 26th will also be paid on Tuesday, December 24th, and payments due on Friday, December 27th will be paid on Tuesday, December 24th. Similarly, payments due on Wednesday, January 1st will be paid on Tuesday, December 31st.
As for DWP benefits, the updated schedule has not been released yet, but it's expected to follow the same pattern as HMRC. This means that payments due on December 25th, 26th, or 27th will most likely be deposited into your account on December 24th, while payments due on January 1st may arrive on December 31st.
It's important to note that these changes could affect anyone receiving Universal Credit, State Pension, Pension Credit, Disability Living Allowance, Personal Independence Payment, Attendance Allowance, Carer's Allowance, Employment Support Allowance, Income Support, or Jobseeker's Allowance. And for those wondering about next year's benefits, following the Chancellor's Budget announcement, it was confirmed that all benefits will be increased by 1.7%. This will be in line with the September CPI figure and will come into effect from April 7th, 2025. So, mark your calendars and stay informed about any changes that may affect your finances. Happy holidays!
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