Most people get a day off at the end of August with the Summer Bank Holiday but it also means benefits are not paid on that date
Thousands of people rely on benefits to survive. Whether it is a State Pension, Universal Credit or PIP it is often vital to receive your money on time.
The rising cost of living means what has always been tough can be a major struggle just to make ends meet. Latest figures show about 24 million people in the UK are claiming some form of DWP benefits – roughly one in three people.
Most benefits, including Attendance Allowance, Carer’s Allowance Pension Credit and Personal Independence Payment (PIP) are paid every four weeks. Universal Credit is paid monthly while others including Income Support and Jobseeker’s Allowance are paid fortnightly.
Benefit payments will be going out as normal for most people in August. However there is one bank holiday that will affect those on one of 11 benefits.
These include:
- Universal Credit
- State pension
- Pension credit
- Child benefit
- Disability living allowance
- Personal Independence Payment (PIP)
- Attendance allowance
- Carer’s allowance
- Employment support allowance
- Income support
- Jobseeker’s allowance
Monday, August 25, is a day off for most people as it is the Summer Bank Holiday. Those who are due to be paid their benefit on that date should instead receive on the previous working day – Friday, August 22.
Most people receive their benefits paid directly into their bank, building society or credit union account. This means they will see their balance increase three days earlier than normal.
But remember this is for just one week so while it might be good to get your money ahead of normal it will have to last longer until your next usual pay day. For more information on how and when state benefits are paid, visit the government’s website.