The May Day bank holiday falls on Monday, May 1 and payments delivered by HM Revenue and Customs (HMRC), including Working Tax Credit, Child Tax Credit, Child Benefit and Guardian’s Allowance, due on that date will be made early next week instead. The Department for Work and Pensions (DWP) has also confirmed similar changes to scheduled payments.
This will mean payments due on the bank holiday Monday for State Pension and benefits including Universal Credit, Personal Independence Payment (PIP) and Jobseeker’s Allowance (JSA) will also land in bank accounts on Friday, April 28.
The Coronation of King Charles III takes place on Saturday, May 6 which means Monday, May 8 will also be classed as a bank holiday. HMRC and DWP have both confirmed payments due on that date will be made on Friday, May 5.