Millions of UK families are in for a surprise this week as they are set to receive an unexpected Child Benefit payment earlier than usual. Due to the upcoming Bank Holiday on Monday, May 26, households that were supposed to get their Child Benefit payment on that day will now receive it three days earlier. Some lucky families may even see their payments as early as Friday, which is definitely a nice little bonus for the long weekend ahead.
The government has made it clear that benefits payments, like Child Benefit payments, are typically paid on a different date if they are due on a bank holiday. Families can check the government’s website to see when they can expect to receive their benefits payments. For those who were originally scheduled to receive their Child Benefit payment on Monday, May 26, they will now get it earlier on Friday, May 23. This change is necessary because benefits payments, including Child Benefit, cannot be processed on a non-working day. So, if you were looking forward to a little extra cash next week, you’re in luck!
Child Benefit is a weekly payment provided by the UK government to assist with the costs of raising a child. It is given to parents or guardians who are responsible for children under the age of 16, or under 20 if they are in full-time education or unpaid training. The amount of Child Benefit received depends on the number of children in the family, with the standard weekly rate being £26.05 for the first child and £17.25 for any additional children. Child Benefit is usually paid every four weeks, though it can be paid weekly in certain circumstances. So, if you have little ones at home, this unexpected early payment could definitely come in handy for you.
