Universal Credit UK: Some claimants will get their payment early this week – this is why
Universal Credit is paid monthly, although this may be twice per month for some who live in Scotland. Following the first payment, the claimant will be paid on the same date of every month.
That said, if this payment date falls on a weekend or a bank holiday, the recipient will usually get it earlier than expected.
This is because it should be paid on the first working day prior.
With the Spring Bank Holiday less than a week away, on Monday May 25, some people will be set to receive their Universal Credit payment on Friday May 22.
The earlier payments are made automatically, so those affected don’t need to do anything.
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Universal Credit UK: Some people may get the payment earlier than expected (Image: GETTY)
This bank holiday will take place in England, Wales, Scotland and Northern Ireland.
Gov.uk explains that a Universal Credit claimant will get a monthly statement, and this will tell them how much Universal Credit they are going to get.
While the payment is usually made monthly, it’s important to be aware that it usually takes around five weeks to get the first payment.
This is often referred to as the “five-week wait” and it’s something which a number of charities have urged the government to end.
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The waiting time is made up of a one month assessment period, and up to seven days for the payment to reach the accont.
If a person needs help with their living costs during this time, they may apply for an advance.
However, it’s crucial that those who do this are aware that the advance needs to be paid back.
“The most you can get as an advance is the amount of your first estimated payment,” the government website states.
Universal Credit UK: The payment is usually paid monthly (Image: GETTY)
People who get an advance will need to start paying it back out of their first payment.
It’s possible to choose how many months they pay the advance back over.
Currently, it must be paid back within 12 months.
While interest is not paid on it, the advance can mean the amount a person receives may be less than their estimated first payment was.
This is something which the Government website gives an example of.
Take, for instance, that the first estimated payment is £256.05 and the claimant gets £256.05 as an advance.
If they choose to pay this advance back over 12 months, it works out at repayments of £21.33 per month.
The claimant would therefore get £234.72 as their first payment when this date falls.
This is the first payment minus the amount they’re repaying for the advance (£256.05 minus £21.33).
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