The payment is a lifeline for many, especially with the cost of a weekly shop soaring on top of rocketing bills – but the bank holiday affects the dates of some benefit payments.
This Monday’s bank holiday (on May 8) comes hot on the heels of Easter and the early May bank holiday, both of which affected the payment dates for certain benefits.
Millions of people have already received the first £301 cost of living payment – the first of three which will total £900 – but many are still waiting.
So can the cost of living payment be made on a Saturday or bank holiday Monday?
Here’s what you need to know.
When will I get the cost of living payment?
The first £301 cost of living payment is being rolled out now.
Those eligible began to receive the payments on April 25, and the rollout will continue until May 17 for those on DWP benefits.
Eligible people on tax credits and no other benefits will receive the cost of living payment between today (May 2) and May 9.
The good news is that if your benefit was due to be paid on Monday, May 8 you can expect it to arrive early, by Friday, May 5.
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Benefits are not paid on a Saturday or bank holiday.
With the cost of living payment, there is no way of knowing the exact day you will receive it – payments are not being made alphabetically, but in random batches.
Benefit payments affected by the bank holiday – if due to be paid on Monday, May 8 you can expect it to arrive early, by Friday, May 5
- Attendance Allowance
- Carer’s Allowance
- Child Benefit
- Disability Living Allowance
- Employment and Support Allowance
- Income Support
- Jobseeker’s Allowance
- Pension Credit
- Personal Independence Payment
- State Pension
- Universal Credit
- Tax credits (such as Working Tax Credit)
The second £300 cost of living payment is expected to be sent out in autumn 2023, and the final £299 payment is due in spring 2024.
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