April Bills and Child Benefit
Money Box
BBC
4.2 • 804 Ratings
🗓️ 26 April 2025
⏱️ 25 minutes
🧾️ Download transcript
Summary
The cost of just about everything we need to run a home will be more expensive for millions of households from Tuesday. Switching on the lights, turning on the heating, turning on the tap, calling your mum or your best friend, logging on to emails, will all cost more with rises usually well above the rate of inflation. We'll have tips on how to tackle those bills if you're struggling to pay them.
A payment service provider for hundreds of schools has decided to cease trading in the UK. What does this mean for parents who still have money on their accounts?
And hundreds of thousands of better off parents who claim Child Benefit should soon have a simpler way of paying the tax they owe on it. Some higher earners who’ve had to register for self-assessment to pay something called the ‘High Income Child Benefit Charge’ will soon be able to pay it via PAYE. What does the announcement, which was in the Spring Statement, mean in practice?
Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Eimear Devlin and Jo Krasner Editor: Jess Quayle
(First broadcast at 12pm Saturday 29th March, 2025)
Transcript
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| 0:00.0 | If a Banksy appeared on your house, you'd be sitting on a fortune, right? |
| 0:07.0 | At first you think you're gifted, but you're actually not. |
| 0:10.5 | This is a tale of two murals, Margate's Valentine's Day Mascara and the lowest off seagull. |
| 0:17.3 | And the true cost of free art for the people who have to live with it. |
| 0:21.5 | 40,000 pounds cost per annum. |
| 0:23.8 | We didn't know what to do. |
| 0:25.5 | Nobody's turned up to say, we'll help you protect it. |
| 0:29.0 | The Banksy story. |
| 0:30.3 | When Banksy comes to town, listen on BBC Sounds. |
| 0:35.7 | BBC Sounds, music, radio, podcasts. |
| 0:39.4 | Hello, welcome to this Moneybox podcast. |
| 0:42.1 | From the summer, there'll be an easier way to pay the tax on child benefit |
| 0:45.3 | for those earning over £60,000 a year. |
| 0:48.5 | And Squid Game, when parents turned around |
| 0:51.2 | and found they were being charged 10 pounds by the school payment card |
| 0:55.3 | provider to get their own money back. But then, well, we'll find that out later, because we start |
| 1:01.1 | with Bill Mageddon. The cost of just about everything we need to run our home will be more |
| 1:07.1 | expensive for millions of households from Tuesday, switching on the lights or perhaps still the heating, turning on the tap, calling your mum |
| 1:14.6 | or your best friend, logging on to emails, will all cost more with prices up and usually |
| 1:19.5 | above the rate of inflation. Even turning on the television will cost more as the TV licence |
| 1:24.8 | and the price of many services goes up. And of course, every householder |
| 1:28.9 | will already have had the shock of opening this year's council tax bill. In England, the increase |
... |
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