Households who are due to receive benefit payments on the New Year bank holiday will see the money arrive in their accounts earlier in the second early payday of the festive season.
Most benefit payments including Universal Credit, Personal Independence Payment (PIP) and State Pension are paid on a specific weekday either every two or four weeks. Claimants with payments due between Christmas and New Year will have already noticed that they were paid earlier this month, with any payments due on December 26, 27 or 28 landing in accounts on Friday, December 23 instead.
As New Year falls on a Sunday this year benefit payments won't be affected on New Year's Day itself, but they will be impacted on the substitute bank holiday that will take place on Monday January 2. According to the gov.uk website, any payments due on this date, including Universal Credit, will instead be paid early on Friday December 30.
