TV licence fee payers could cancel and get £174.50 | European Markets

TV licence fee payers could cancel and get £174.50 TV licence fee payers could cancel and get £174.50

TV licence fee payers could cancel and get £174.50 | U.Ok.Finance News



With the TV licence fee now costing £174.50 a 12 months following an inflation-linked rise in April, many households are questioning whether or not they nonetheless need to pay it. As budgets stay tight, it’s value checking if you happen to’re eligible for a refund, particularly since practically half of UK adults aren’t clear on what the licence covers.A nationally consultant survey by FCA-regulated credit broker Viva Money discovered that 43% of UK adults don’t absolutely perceive what the TV licence covers. While it’s necessary for anybody streaming dwell TV or utilizing BBC iPlayer – with non-payment risking a hefty effective – those that primarily watch providers like Netflix, Disney+, or non-BBC catch-up platforms could not need one in any respect. This means they could cancel their licence and probably declare a refund.When do I need a TV licence?In the UK, you need a TV licence if you happen to watch or document dwell TV on any channel, or if you happen to use BBC iPlayer – whether or not it’s dwell, on catch-up, or on demand. This applies no matter what system you’re utilizing, together with a TV, laptop computer, pill, or cellphone.You additionally need a licence to stream dwell content material by way of platforms like ITVX, All 4, Amazon Prime Video, Now TV, or Sky Go. However, if you happen to solely ever use these providers for on-demand or catch-up (excluding BBC iPlayer), a licence isn’t required.Services like Netflix, Disney+, and YouTube don’t require a TV licence – except you are watching one thing being broadcast dwell, equivalent to a dwell sports activities occasion or news stream.If you’re fascinated about cancelling your TV licence, make sure no one in your family is watching something that will require one, as breaking the principles can result in a effective.How to cancel a TV licenceIf you are assured your family no longer wants a TV licence, you may cancel it by finishing a refund and cancellation request type by way of TV Licensing.An inspector could go to to confirm your declare, and it is value noting that one in 5 checks reveal the family nonetheless requires a licence. If it seems a licence is needed, you’ll must pay the complete fee and could face prosecution. Fines can attain up to £1,000 on the UK mainland, £2,000 in Guernsey, and £500 in Jersey.How to request a TV licence refundYou could also be eligible for a TV licence refund if you happen to no longer need your licence earlier than it expires and have at the least one full month remaining.Refunds are usually granted in circumstances equivalent to:

  • No longer utilizing TV receiving tools
  • Another licence already covers the tackle
  • The licence was purchased in error or changed
  • The licence holder has handed away
  • The licence holder transferring overseas
  • A free or blind concession licence has been utilized for
  • You can apply for a refund up to 14 days earlier than you stop needing the licence. If it’s already expired, you should still qualify offered it expired much less than two years in the past.To apply, full the online refund type and present any mandatory proof. TV Licensing will assess your declare and subject any refund – primarily based on full unused months – through cheque or direct deposit. To test your licence expiry date, merely log into your online account.Some people may additionally have the ability to apply for a low cost on their TV licences, ranging between 50% and even 100%. Find out more about this right here.

    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 day by 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.

    Advertisement

    Explore how these trends are shaping the long run of the European economic system! Visit us usually for essentially the most participating and informative market content material by clicking right here. Our rigorously curated articles will keep you knowledgeable on market shifts, investment methods, regulatory developments, and pivotal moments within the European financial panorama.

    Add a comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Keep Up to Date with the Most Important News

    By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
    Advertisement