logo
Payment date changes ahead of June Bank Holiday

Payment date changes ahead of June Bank Holiday

Extra.ie​27-05-2025

Social welfare recipients are being warned of changes to payment dates this week ahead of the bank holiday weekend.
Banks and post offices will be closed on Bank Holiday Monday.
Those claiming social welfare on Monday and/or Child Benefit on Tuesday will be paid slightly earlier as a result. Social welfare recipients are being warned of changes to payment dates this week ahead of the bank holiday weekend. Pic: Getty Images
Both payments are expected to be paid into bank accounts on Friday, May 30 or Saturday May 31 so to ensure no one is paid late.
The schedule will resume to the usual days from the following week.
The date changes will also impact anyone expecting the New Baby Grant, which is due on Tuesday, June 3. Both payments are expected to be paid into bank accounts on Friday, May 30 or Saturday May 31 so to ensure no one is paid late. Pic: Getty Images
The grant is paid out the same day as the Child Benefit every month.
The payment came into effect earlier this year with Minister for Social Protection Dara Calleary confirming more than 4,400 families received the grant for 4,522 children.
The payment was introduced for Budget 2025 as part of the whole-of-Government First 5 strategy which aims to improve the lives of babies, young children and their families. The bonus payment comes on the birth of a child to assist parents with costs associated with their new arrivals. Pic: Shutterstock
The bonus payment comes on the birth of a child to assist parents with costs associated with their new arrivals.
Families of all babies born after December 1, 2004 are eligible for the grant of €280.
Parents of newborns do not need to apply for the grant, which will automatically be paid to those who meet the criteria.
It is expected that the grants will be paid out in respect of 54,000 children at a cost of €15 million in a full year.
The June Bank Holiday is the fifth of the year and comes not long after the May bank holiday which took place this month.
Here is the full list of bank holidays in Ireland for 2025: Wednesday, January 1 – New Year's Day
Monday, February 3 – St Brigid's Day
Monday, March 17 – St Patrick's Day
Monday, April 21 – Easter Monday
Monday, May 5 – May Day
Monday, June 2 – June Bank Holiday
Monday, August 4 – August Bank Holiday
Monday, October 27 – October Bank Holiday
Thursday, December 25 – Christmas Day
Friday, December 26 – St Stephen's Day

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

GPO to be turned into a museum in attempt to regenerate 'troubled part' of Dublin
GPO to be turned into a museum in attempt to regenerate 'troubled part' of Dublin

Extra.ie​

time6 hours ago

  • Extra.ie​

GPO to be turned into a museum in attempt to regenerate 'troubled part' of Dublin

The Government is planning to build a national museum in the GPO, with the issue a priority for Simon Harris. The new museum is the centrepiece of an ambitious plan for the regeneration of what is seen as 'the troubled part' of the capital. A Government source said: 'It is intended the museum will act as an iconic venue that could include an arts space, offices and retail outlets.' The GPO on O'Connell Street in Dublin. Pic: Getty Images The proposal will be considered by the Cabinet on Tuesday. Ministers will also consider the report of an interdepartmental group on the recommendations of the Dublin City Task Force, set up by Tánaiste Mr Harris last year to identify measures to rejuvenate the city centre. It is understood that, under plans to go before ministers, the GPO complex will be redeveloped as a flagship project and a mixed-use development. The Government also pledged that there will be 'a wide-ranging consultation given the emblematic importance of the GPO not only to Dubliners but also to the public all over Ireland'.

House prices are rising at fastest rate in TEN years
House prices are rising at fastest rate in TEN years

Extra.ie​

time6 hours ago

  • Extra.ie​

House prices are rising at fastest rate in TEN years

House prices are spiralling at their fastest rate in ten years to a new average cost of almost €358,000, a new report shows. The typical listed price nationwide in the first half of the year is €357,851 – 12.3% higher than the previous year and 40% higher than at the onset of the Covid pandemic. Today's top videos STORY CONTINUES BELOW Prices nationally rose by an average of 3%, according to the latest House Price Report, released on Monday. House prices are spiralling at their fastest rate in ten years to a new average cost of almost €358,000. Pic: Getty Images The current rate of inflation in the market is the highest seen in the ten years since the Central Bank's mortgage lending rules were introduced. The surge in inflation is relatively broadly based, with the Dublin figure of 12.3% in line with the average for the rest of the country. In the rest of Leinster, the annual increase in prices is 14.3% – close to the average in Limerick city at 12.8% and Galway city on 12.5%. In Waterford city, the rate is higher again at 15.2% while in Cork city the increase in prices is slower at 8.6%. The report also shows that average prices in Dublin stand at €467,913, while the figure is €426,348 in Galway city, €369,938 in Cork city and €311,086 in Limerick city. The rest of the country has average house costs of €309,954, which is up 12.5%. Prices nationally rose by an average of 3%. Pic: Getty Images The report found that the strong increases in housing prices are related, once again, to 'very tight supply'. The number of second-hand homes available to buy nationwide on June 1 stood at close to 12,100. This is largely unchanged from the figure a year ago and less than half the pre-Covid average of almost 25,000. Report author Ronan Lyons, associate economics professor at Trinity College Dublin, explained that the fastest increase in prices since mortgage lending rules were introduced a decade ago highlights the importance of addressing Ireland's 'chronic and worsening' housing shortage. The current rate of inflation in the market is the highest seen in the ten years since the Central Bank's mortgage lending rules were introduced. Pic: Getty Images The mortgage rules restrict first-time buyers to borrowing up to four times their gross annual income, while second/subsequent buyers can borrow up to 3.5 times their gross annual income. All buyers also need a minimum deposit of 10%. Mr Lyons said: 'The substantial increases over the past year in almost all parts of the country are linked to the lack of second-hand supply. This in turn is related to the increase in interest rates earlier in the decade.' Housing campaigner David Hall said: 'The State needs to build more houses. 'We are running out of time as there isn't an endless supply of emergency accommodation and we already see that with 15,000 people on our streets.'

Almost 20,000 families benefit from new baby grant
Almost 20,000 families benefit from new baby grant

Extra.ie​

time12 hours ago

  • Extra.ie​

Almost 20,000 families benefit from new baby grant

Almost 20,000 families have benefited from the newborn baby grant introduced in the last budget, the head of the Oireachtas Social Protection Committee has claimed. The grant of €280 was announced as part of Budget 2025 and is paid to families with babies born or adopted after December 1 last year, in addition to their regular monthly child benefit payment of €140. Fine Gael TD John Paul O'Shea, chairman of the Oireachtas Social Protection Committee, obtained figures showing the new grant has been paid in respect of 19,750 babies so far. Almost 20,000 families have benefited from the newborn baby grant introduced in the last budget. (Photo by: ASTIER/BSIP/Universal Images Group via Getty Images) Dublin had the highest number with 5,327 newborn baby grants paid up to June while Leitrim had the lowest with 115. Cork is in second place with 2,371, followed by Galway in third on 1,156 and Kildare with 1,056. Mr O'Shea said: 'The newborn baby grant was introduced in last year's Budget to help families with the costs of a new arrival. 'The grant demonstrates our continued commitment to putting money back in peoples' pockets and ensuring all children have positive experiences and get off to a great start in life.' A medical worker is caring for a newborn 'dragon baby' in the maternity department of Zaozhuang Maternal and Child Health Hospital in Shandong province, China, on February 10, 2024. (Photo by Costfoto/NurPhoto via Getty Images) He added: 'Looking after a new baby is a busy, costly and stressful time for families. The good news is the grant is paid automatically with your child benefit payment. 'This grant has been introduced to support young families but we need to do more. 'I want to see key commitments in the Programme for Government, such as the introduction of pay-related parents benefit, progressed so we can provide further support to young families.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store