Households can save £174.50 on BBC TV licence fee | U.Ok.Finance News
A lesser-known TV Licence rule that would save 475,000 Britons £174.50 yearly has been unveiled. It’s been confirmed that UK households can cut back their BBC TV Licence fee from £174.50 to nothing, offering a vital saving amidst the present price of residing disaster.The fee is relevant to any family that watches or data programmes as they’re being broadcast reside on any TV channel or views reside programmes on any online TV service akin to Channel 4, YouTube, or Amazon Prime Video. Those who qualify have to be aged 75 and over and receiving pension credit from the Department for Work and Pensions (DWP), doubtlessly saving you £174.50 every year. According to Policy in Practice, there are presently 475,000 eligible people over the age of 75 who qualify for pension credit based mostly on their income however haven’t but utilized.The free TV licence scheme for these aged 75 or over was modified in August 2020. You can now apply for a free TV licence in the event you’re over this age and both you or your associate residing on the similar handle is receiving Pension Credit.This can be Savings Credit or Guarantee Pension Credit, reviews the Daily Record.The TV licence must be registered underneath the identify of the individual in your family who’s 75 or older and receiving Pension Credit.UK households have been warned that a free licence is not going to be given routinely.You can decide your eligibility for a free TV licence by reaching out to TV Licensing on 0300 790 6071. Applications can even be made by means of this channel.If you are making use of online or by post, you will need two items of proof confirming that you just’re receiving Pension Credit and are aged 75 or over. Your passport or driving licence can normally function one piece of proof.Ensure the identify you employ to use on your complimentary TV licence matches the one held by the DWP.If the licence at your handle is underneath a totally different identify, you will require the prevailing licence quantity when making use of on your free licence.A free TV licence covers everybody residing with you, regardless of their age. If no one in your family receives Pension Credit, you will should pay on your TV licence. There are different circumstances the place people can obtain a vital low cost on their TV licence.For occasion, in the event you reside in residential care or sheltered lodging, you are entitled to a low cost.If you reside in a qualifying residential care home, sheltered lodging or supported housing, you can get a TV Licence for £7.50.To qualify, you will need to even be both retired and over 60 or disabled.Your housing supervisor can decide in the event you’re eligible and apply on your behalf.
Stay up to date with the latest news within the European markets! Our web site is your go-to source for cutting-edge financial news, market trends, financial insights, and updates on regional trade. We present each day updates to make sure you have entry to the freshest data on stock market actions, commodity costs, currency fluctuations, and main financial bulletins throughout Europe.
Explore how these trends are shaping the longer term of the European economic system! Visit us frequently for probably the most partaking and informative market content material by clicking right here. Our fastidiously curated articles will keep you knowledgeable on market shifts, investment methods, regulatory developments, and pivotal moments within the European financial panorama.