Full list of payments and benefits due early this week as a result of New Year bank holidays
New Year’s Day falls on Sunday, which means days at the start of the first week of 2023 are classed as bank holidays. Monday, January 2, is an ‘observed’ bank holiday across the UK while Tuesday, January 3, is classed as a ‘substitute’ bank holiday - but only in Scotland.
Payments affected by bank holidays are typically made on the first working day before, which would be Friday, December 30. However, all payments due on Tuesday, January 3rd will be made as normal except in Scotland where they will also arrive on Friday, December 30 - except Child Benefit. Advice on GOV.UK states: "HMRC will issue your payment on the normal date, but your bank may not process it straight away. Check with your bank for the date you’ll get your payment."Top Money Stories Today Payment changes this week The following payments should have been made on Friday, December 23.
Advice on GOV.UK states: "HMRC will issue your payment on the normal date, but your bank may not process it straight away.Tax Credit payment dates over New Year These payment date changes affect people receiving Working Tax Credits or Child Tax Credits.Payments due on Thursday, December 29 will be made on Wednesday, December 28 .
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