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Money Box

Pension Age Rise and April Tax Changes

Money Box

BBC

Business

4.2825 Ratings

🗓️ 2 April 2026

⏱️ 25 minutes

🧾️ Download transcript

Summary

Millions of people in their sixties will now wait up a year longer before they can claim their state pension. From Easter Monday the current state pension age of 66 will gradually increase over the next two years until it reaches 67 affecting everyone born on 6th April 1960 or later. How will it work for those affected?

Rent arrears, council tax debt and unpaid utility bills are the main reason more than 400,000 people in Britain are homeless. A new report by the Centre for Homelessness Impact published next week sets out ways to reduce or even end homelessness. What does it recommend?

Millions of drivers are in line for hundreds of pounds of compensation for mis-sold finance deals. We'll have 5 top tips on who gets what and how to claim.

And there are some tax changes from Monday as well, we'll round up what's happening to dividends and inheritance tax.

Presenter: Paul Lewis Reporters: Dan Whitworth and Sarah Rogers Researchers: Catherine Lund and Jo Krasner Editor: Jess Quayle

(First broadcast 12pm on Saturday 4th April 2026)

Transcript

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0:00.0

BBC Sounds, music, radio, podcasts.

0:07.3

Their company's success helped build a nation.

0:10.9

The company is such a big part of Korea's economy.

0:13.5

But who are the family behind one of the world's tech giants?

0:17.2

They often say, look, we built the nation.

0:19.2

And without us, South Korea as it exists today,

0:22.6

would simply not be here. Inheritance, Samsung explores the real-life dramas of the Lee family

0:28.3

and their company. They are the equivalent of royalty. Listen first on BBC Sounds.

0:34.2

Hello, welcome to this Moneybox podcast. Homelessness doesn't just happen, it's largely

0:39.5

caused by debt, a new report says. It was a really scary time in our life, especially when you're

0:46.4

having bailiffs at your door. Millions of drivers are in line for hundreds of pounds compensation for

0:52.8

missold car finance deals, how to claim

0:55.9

and what might you get? And from Monday, the Chancellor will take more tax off dividends and

1:01.5

start harvesting money from some farmers and family businesses. But first, millions of people

1:07.8

in their 60s must now wait up to a year longer before they can claim their state pension.

1:13.6

From Monday, the current state pension age of 66 will gradually increase over the next two years until it reaches 67,

1:22.1

affecting everyone born on the 6th of April 1960 or later.

1:26.8

Each month's delay will cost those affected about £1,000,

1:30.6

and the full 12 months delay will cost not far off 13,000. It also makes them wait for other

1:37.0

benefits they may qualify for which are linked to state pension age, such as attendance allowance,

1:42.4

pension credit, reduced council tax, even winter fuel

1:45.9

payment. And if they work, they'll pay another year of national insurance contributions.

...

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