I had a client with a request that i didn’t think of until I spoke with him, he told me that clients on their website should be able to skip one month of subscription but keep the subscription as Active. That means we cannot change the status of the subscription.

Well, in case you need it for any reason, or a client request like me. You can achieve this with the following code snippet in your theme/plugin:

<?php

add_filter( 'wcs_view_subscription_actions', 'add_skip_action', 10, 3 );
    
public function subscription_skip_handler(){

		global $post;

		// If the current user doesn't own the subscription, remove the query arg from the URL
		if ( isset( $_GET['subscription_id'] ) ) {

			$subscription = wcs_get_subscription( absint( $_GET['subscription_id'] ) );

			// Visiting a switch link for someone elses subscription or if the switch link doesn't contain a valid nonce
			if ( ! is_object( $subscription ) || empty( $_GET['_wpnonce'] ) || ! wp_verify_nonce( sanitize_text_field( $_GET['_wpnonce'] ), $subscription->get_id() . '_skip' ) ) {

				wp_redirect( remove_query_arg( array( 'skip' ) ) );
				exit();

			} else {

                $date = date('Y-m-d H:i:s', $subscription->get_time( 'next_payment' ));
                $new_date = date('Y-m-d H:i:s', strtotime($date. ' + 1 months') );  

                try {

                    $subscription->update_dates( ['next_payment' => $new_date], 'gmt' );
                    
                    wp_cache_delete( $subscription->get_id(), 'posts' );
                        
                    wc_add_notice( "Your next renewal payment is in: {$new_date}", 'success' );

                    wp_redirect( remove_query_arg( array( 'skip', 'subscription_id', '_wpnonce' ) ) );

                } catch ( \Exception $e ) {
                    wcs_add_admin_notice( $e->getMessage(), 'error' );
                }

            }
        
        }

    }

What it dows is to add 1 month to the next subscription renewal and tada!. Happy Clients.