Hmrc payment change for £104 benefit hitting bank accounts before monday

HM Revenue and Customs (HMRC) has confirmed a shift in payment dates for UK households claiming Child Benefit in May. Child Benefit is provided to eligible parents or guardians who are

responsible for raising a child under the age of 16, or under 20 if they remain in approved education or training. Only one individual can claim the benefit for a child, but there's no

limit on the number of children you can claim for. It is typically paid by HMRC every four weeks, either on a Monday or Tuesday, at a rate of £26.05 per week for one child, and £17.25 per

week for each additional child. The payment rates were increased by 1.7% in April, at the commencement of the new tax year, meaning claimants now benefit from slightly higher payments each

month. The increase means that parents with one child can receive £1,354.60 per year on the new rate, while parents with two children can receive £2,251.60, and parents with three children

can receive £3,148.60. But there's no limit - other than the Benefit Cap - which means if you had four children, or five, and so on, you could receive even more than £3,148, with £897

for each additional child, reports the Express. As the benefit is paid every four weeks, it means parents with one child will receive £104.20 per month, while those with additional children

will receive an extra £69 per month - but the payment dates change if it's due on a bank holiday. As May concludes with a bank holiday on Monday (May 26), those who typically receive

their payments on a Monday might see their funds arriving earlier. HMRC has confirmed that if your payment is due next Monday, you'll be paid three days in advance on Friday (May 23).

HMRC explained: "Child Benefit is usually paid every four weeks on a Monday or Tuesday. There are different payment dates if it's due on a bank holiday." They added, "You

can work out when you're next going to get Child Benefit by counting four weeks forward from your last payment. Do not count forward if your payment was due on a bank holiday - the

dates are different." HMRC also advised, "Your payment might be delayed if the bank is closed for a public holiday on the day HM Revenue and Customs (HMRC) pays you. Check with

your bank for the date you'll get your payment."