Universal Credit claimants to receive unexpected | European Markets

Universal Credit claimants to receive unexpected Universal Credit claimants to receive unexpected

Universal Credit claimants to receive unexpected | U.Okay.Finance News



Millions of Universal Credit claimants will see their benefit funds land earlier than anticipated this week due to the upcoming bank vacation. Payments due on the twenty fifth of the month will as an alternative be transferred on Friday, August 22, as advantages usually are not sometimes processed over weekends or bank holidays.The Department for Work and Pensions (DWP) has confirmed that whereas the date will change, the quantity acquired will stay the identical, except a claimant’s personal circumstances have altered. However, households are being warned to price range rigorously as receiving the fee early means the money will need to stretch additional earlier than the following instalment.Claimants are urged to plan forward to keep away from operating out of funds earlier than their subsequent fee date.Anyone anticipating an early fee who doesn’t receive it on Friday ought to first test their traditional fee schedule and phone their bank.If the difficulty just isn’t resolved, claimants are suggested to get in contact with the DWP immediately or file a criticism. Guidance on how advantages are paid is accessible on the Government’s web site.This gained’t be the one early fee this 12 months. In December, anybody anticipating advantages on Christmas Day or Boxing Day will as an alternative be paid on Christmas Eve (December 24).The latest replace comes because the DWP continues its Managed Migration programme, which is transferring people on so-called “legacy benefits” over to Universal Credit.The course of formally started in July 2022 and is predicted to be full by March 2026, two years earlier than first deliberate.Tax credit, Income Support, income-based Jobseeker’s Allowance, and Housing Benefit have already closed to new claims. People nonetheless receiving income-related Employment and Support Allowance (ESA) will even be transferred throughout by the 2026 deadline. ESA supplies financial help to these unable to work due to sickness or incapacity.Households receiving a migration discover have three months to make the swap to Universal Credit. Failure to achieve this might lead to funds being stopped.Meanwhile, many claimants could also be entitled to additional help by way of the Household Support Fund, which helps struggling households with necessities.The latest figures show that a document eight million people throughout the UK are actually claiming Universal Credit.

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