Cpi September 2024 Pension Increase Uk Tax. Certain benefits, including universal credit, are also expected to rise from next april by 6.7%. The full state pension is set to rise by £460 from next april, according to official wage figures.

From april 6, 2024, pension savers have a lump sum and death benefit allowance, rather than a lifetime allowance. The state pension could rise by 8.5% from april 2024 under the ‘triple lock’ guarantee, meaning millions of people could receive a weekly increase of up to £17.35.