7 money changes hitting bank accounts from April 6 | Personal Finance | Finance
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The new tax year kicks off today (April 6) which means a swathe of money changes will take effect.As of April 6, inflation-linked benefits, including Universal Credit, Personal Independence Payment (PIP) and Attendance Allowance, will be uplifted by 1.7%, while the State Pension will rise by 4.1%, in line with the annual increase in the Average Weekly Earnings index for May to July 2024. As the State Pension system is split into two schemes - basic and new - the amount your pension payments will..