Major Bill Hikes Incoming
As the next tax year approaches in April, millions in the UK are bracing for significant bill increases across various essential services. Here's what you need to know to navigate these changes.
Telecom Price Hikes
Broadband, TV, and mobile customers are set to face up to £50 a year in bill hikes as providers raise prices based on inflation rates. Be prepared for increases from March 31 to April 1, affecting both new and existing contract holders.
Council Tax Rises
Local authorities are gearing up to raise council tax by up to £103 a year, with 94% of councils in England and Wales opting for the maximum 4.99% increase. Keep an eye on your council's website for specific details on how this change will impact you.
Water Bill Increases
Households will see water and sewerage bills go up by as much as £71 a year, as water companies invest billions to improve supply security and reduce sewage levels in rivers and seas. Stay informed about these rising costs to manage your budget effectively.
Vehicle Excise Duty Hike
Vehicle Excise Duty rates will also surge by up to £10 a year, with some car owners facing a hefty £140 increase. Make sure to check how this change will affect your annual car tax payments and budget accordingly.