The 53-week financial year. What do I need to do if I am claiming Universal Credit?

There will be 53 Mondays in the 2024/25 financial year (1 April 2024 – 31 March 2025).


As your rent is charged weekly on a Monday, you will be charged 53 times this financial year rather than 52.


If you claim Universal Credit:

Universal Credit is currently calculated on a 52-week basis, so you will need to pay for the additional week yourself.


If you pay by direct debit, you don’t need to do anything as we will have worked out the correct amount for you.


If you pay in any other way, to lessen the impact, we recommend you pay a little bit extra each week over the year.

For example, if you are charged £200 per week for your rent, you could divide this by 53 weeks and pay an extra £3.78 per week for 53 weeks.


For your convenience, you can request this by direct debit on your MySaxonWeald portal or call us on 01403 226000.