10 cost of living changes that will affect your wallet from April
31.03.2022 - 11:01
/ manchestereveningnews.co.uk
The cost of living is set to rise from the beginning of April. It will affect all households across the UK. It includes a new council tax rates, a £150 rebate, a change to Royal Mail stamps and last chances to claim a winter fuel payment.
Other changes include those affecting student loans and air fares as well and a new energy price cap which will affect nearly every household in the country. We have rounded up the 10 most important cost of living changes coming into effect from April which you should be aware of and prepare for.
Furthermore, don't forget to make sure you claim any cash benefit before the new tax-year also.
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Energy bills are due to skyrocket by an average of 54 per cent on Friday, April 1 with households being encouraged to take and submit a gas and electricity meter reading the day before - that is, on Thursday. In doing so, you can ensure that all the energy available is used up before the price goes up.
By not submitting a reading there is a high risk of many people being charged on the new higher unit price, which is around £693 more expensive annually.
Justina Miltienyte, head of policy at Uswitch.com, told The Mirror : “Energy prices going up can be worrying for many — but consumers can still take simple steps before 1st April to take control of their energy use.
“It is recommended that anyone who does not have a smart meter should take a meter reading on March 31st and submit it to their supplier.
“This gives your supplier proof of how much energy was used before 1st April, when the new rates come into effect, and will ensure your bills are accurate.
“You could leave it until later in the afternoon or evening to submit your reading, to ensure as much of your energy use as possible