Episode Details

April brings a mix of financial changes in the UK, with bills increasing across the board while wages and benefits get a boost. The tax year ends on April 5th, so max out your ISA and pension allowances. Minimum wage rises to £12.71 per hour, and council tax averages a 5% hike. TV licenses, water bills, car tax, and broadband/mobile plans also increase. Low earners celebrate the wage bump, and families gain from the removal of the two-child benefit cap. State pensions rise by 4.8%, and most benefits increase by 3.8-6.2%. Tax changes take effect on April 6th, including higher dividend rates, capital gains relief, and work-from-home claim end. Energy caps dip but may rise in July due to gas spikes. Stay informed and adjust your finances accordingly.

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