Due to be paid wages on monday but already showing in bank account today (sat) help!

Forestgump

Hi,
I'm paid by my employer calendar monthly, on the last day of the month. I'm due to be paid on monday the 30th April, however I have just checked my bank account online and it is showing that the money is already in my account today (sat 28th). Next to the payment it has the future date of Monday 30th even though the funds are available now.
This is going to be problematic as I am receiving universal credits. If i am paid by my employer early today then that will mean they will take 2 of my wages into account and pay me less in UC.
Does anyone know much about bank debits and credits? Even though the funds are available now will it still be monday as the actual date that I'm paid? If not I'm screwed this month!

Thanks


(I won't bore you with the details but I'm in an on going dispute with UC and am waiting in tribunal date due to a date anomaly which means I get paid erratically by UC)

poppy12345

Some banks will show funds being available to the Saturday, while others don't. The date is still stating Monday 30th so will make no difference to your UC payments. It's just the way some banks work.

Forestgump

Phew! Thanks

A_Nice_Englishman

On the other hand, you said in a previous post that your assessment period runs from 31st to 30th of the month.

If you were assessed as being paid today (28th April) and your next payday was 31st May you wouldn't have any pay in the May assessment period so would get a bigger UC payment. (I think!)

It might be worth writing down all your pay days, assessment periods and UC payment days for the next year and working out when the anomolies occur.

pmlindyloo

poppy12345 wrote: »

Some banks will show funds being available to the Saturday, while others don't. The date is still stating Monday 30th so will make no difference to your UC payments. It's just the way some banks work.

Mmmm........... not sure this is correct.

The fact that the OP can access the money may make a difference.

Interesting thread here:

https://www.rightsnet.org.uk/forums/viewthread/9292/

particularly post 13.

poppy12345

[QUOTE=A_Nice_Englishman;74219722]On the other hand, you said in a previous post that your assessment period runs from 31st to 30th of the month.

If you were assessed as being paid today (28th April) and your next payday was 31st May you wouldn't have any pay in the May assessment period so would get a bigger UC payment. (I think!)

It might be worth writing down all your pay days, assessment periods and UC payment days for the next year and working out when the anomolies occur.[/QUOTE]
As i stated in my above post some banks pay the Mondays payment/DD's as well on a Saturday. Even with this happening the date on the statement will be clearly shown as Monday 30th April and not Saturday 28th. My bank used to do exactly the same, until they changed the way they pay weekend payments a few months ago, that's how i know.

pmlindyloo

poppy12345 wrote: »

As i stated in my above post some banks pay the Mondays payment/DD's as well on a Saturday. Even with this happening the date on the statement will be clearly shown as Monday 30th April and not Saturday 28th. My bank used to do exactly the same, until they changed the way they pay weekend payments a few months ago, that's how i know.

Are you receiving UC?

Forestgump

Yes I was hoping for a big universal credits payment this month as last month was a small payment. Really need the big payment.
So annoying being paid this way from UC! hence why I'm going to a tribunal.
So does anyone know if monday is when I'm officially paid?

Thank you

Forestgump

Thanks for the link to the thread re UC. Will be helpful for my upcoming tribunal. ::D

pmlindyloo

Forestgump wrote: »

Yes I was hoping for a big universal credits payment this month as last month was a small payment. Really need the big payment.
So annoying being paid this way from UC! hence why I'm going to a tribunal.
So does anyone know if monday is when I'm officially paid?

Thank you

Can you speak to payroll about this so they can actually report the payment as being on your regular pay day rather than the actual pay day.

Of course they may already have done this but you need to check.

Employers can report the regular payday (if that falls on a weekend/bank holiday) rather than the actual payday; that should hopefully avoid Christmas,etc problems - at least for monthly-paid workers who have a regular payday.
See: Employer Further Guide to PAYE and NICs
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/356762/140922_CWG2__2014__09_14_revised_helpbook.pdf (p 13)

The Guidance on RTI payment date field (which presumably feeds directly into UC) explicitly says payroll staff should !!!8220;Enter the payment date for your employee. If the payment date falls on a !!!8216;non-banking day!!!8217; show the payment as having been made on the regular payday!!!8221;

See https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/389441/RTI_Data_Item_Guide_15-16-v1_3.pdf (p9).

Edit...

From April 2013, the current PAYE system will be replaced by Real Time Information (RTI). Under RTI, employers will report details of staffs' salaries each payday, rather than at the end of the year to HMRC.

Forestgump

Even if I did the problem is the fact I have a monthly assessment period (AP) with universal credits that runs from the 31st of one month to the 30th of the next. Not all calendar month have a 30th or 31st so my AP adjusts itself most months. So because my AP dates are constantly adjusting I'm in a cycle where the first month it will take 1 monthly wage into account (as it should do) the following month it picks up 2 wages (meaning I receive hardly anything in UC ) then the 3rd month it doesn't pick up any wages at all, so I get a big payment. (Although the bigger payment still doesn't cover the shortfall from the small month so im losing my full entitlement)

All they need to do is change my AP dates to run from the 3rd of one month until the 2nd of the next then it's sorted.