Benefits payment day change

THE Department for Work and Pensions (DWP) and HMRC are poised to make a significant adjustment affecting thousands of individuals on 10 means-tested benefits in the coming days. This imminent change will see those receiving welfare payments, such as Universal Credit, having their money deposited into their bank accounts on a different day than usual.

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When payment dates coincide with a bank holiday or weekend, the funds are transferred on the first working day before.

Consequently, this bank holiday's payment will be dispatched on Friday, August 22, rather than Monday, August 25.

Those anticipating payments on August 23 or 24 will also receive their money on August 22. In the UK, over 20 million people, nearly a third of the population, receive financial aid from the DWP.