Client accessAutumn Statement 2023 – State Benefits
Budget Summary
- Income tax
- National insurance contributions
- National living wage and National minimum wage
- Individual savings accounts
- Pension tax limits
- Backing British business
- Other Taxation matters
- Back to work
- State benefits
- Making tax digital
From April 2024, the government is increasing working age benefits in line with inflation by 6.7%. The government is also maintaining the Triple Lock and the basic State Pension, new State Pension and the Pension Credit standard minimum guarantee will be uprated by 8.5%.
