July begins tomorrow (Saturday) and ahead of a new month it can be important to budget accordingly.
To do this it helps to know when money is coming in, and when payments will leave your account. Recent months have seen Universal Credit payments, as well as those for other benefits or pension from the DWP, move dates for many people.
This has been due to a number of bank holidays in April and May. DWP benefits and pension payments usually land in bank, building society or credit union accounts, on a regular basis such as once a month, every four weeks, or fortnightly, depending which benefit(s) you claim.
READ MORE: DWP Universal Credit claimants to see payments rise from today
Payments cannot be paid on bank holidays, so those whose regular payment dates have fallen on these will have received their cash earlier, as previously reported.
However, there are no bank holidays in July so any benefits or pension payments due should arrive on their usual date. The day your pension is paid depends on the last two digits of your National Insurance number, as follows:
00 to 19 (Monday)
20 to 39 (Tuesday)
40 to 59 (Wednesday)
60 to 79 (Thursday)
80 to 99 (Friday)
Many people will also receive another payment in July. The Disability Cost of Living Payment, worth £150, is currently being paid, with all monies expected to land in accounts by July 4. If you do not receive the payment but are expecting to, you should contact DWP (from July 5 onwards).
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