From 26 May 2023, banks will process transactions 365 days of the year including weekends and public holidays.
We won’t change our payment processing:
- Due dates for payments will still move to the following business day if they fall on a weekend or public holiday.
- We will pay Working for Families Tax Credits payments early when they fall on a public holiday.
- We won’t send funds to banks for processing on weekends or public holidays.
Payments to Inland Revenue will show with the effective date of the bank transfer. This date may be a weekend or public holiday if your bank processed the payment over that time.