Can you believe that we’re in April already?
The wife was complaining this morning about the rise in water cost, thinking it’s gone up by around £8 or £9 extra a month.
And the direct debit had just gone out of the bank. Boy, she was fuming…
I came across an article on the BBC News website relating to this…
With the headline.
‘I can’t shop around for my water supplier, so how can I cut costs?’
The article lists these 7 bills that are going up this week in the UK:
✅ Water bills for households in England and Wales are up by £10 per month on average, but there’s a lot of variation depending on the company, externally. In Scotland, they’re rising by almost 10%
✅ Gas and electricity bills are increasing again – this time by an average of £111 a year to £1,849 – for millions of households
✅ Council tax in England is generally going up by 4.99%, with bills in Wales rising by about 4.5% to 9.5%, and in Scotland by at least 8%
✅ The standard rate of tax for cars registered after April 2017 is rising by £5 to £195 a year. According to the RAC, external,, external you may pay less or more if your car was first used before 2017
✅ Broadband and phone bill rises depend on your provider and contract start date. The cost of a TV licence is also going up by £5 to £174.50
✅ Stamp duty will be paid by house buyers in England and Northern Ireland on properties over £125,000, instead of over £250,000
✅ Hidden tax rises are also inbound. This is due to the freeze on thresholds on income tax and National Insurance.
This is often called a “stealth tax” – in short, pay goes up, but the tax thresholds don’t, meaning you’re more likely to pay a higher rate
I don’t know about you, but there’s a couple from that list I wasn’t even aware of.
With the cost of living rising in the UK and other parts of the world…
…more and more people will be pushed into having to either find a second job or look for ways they can make an extra side income.
I think you’re far better off creating a side income that you can if you want to build a business around.
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