Overview
- From 6 April 2026, the full new State Pension rises 4.8% to £241.30 a week (£12,547.60 a year) and the basic pension increases to £184.90.
- The Budget watchdog projects one million additional pensioners in the tax net by 2030–31 due to threshold freezes, with only about £0.1bn extra revenue that year.
- DWP minister Torsten Bell confirmed no income tax for those whose sole income is the basic or full new State Pension in 2026/27 and 2027/28, with details to follow.
- State Pension age starts increasing from 66 to 67 on 6 April 2026, phasing in to 2028, as a further review considers longer‑term sustainability.
- Charities warn of hardship, with Carers UK estimating around 26,000 unpaid carers could face an average £7,011 shortfall from the later pension age.