TV licence fee to be frozen for two years - here's all you need to know

After April 2024, the price will rise in line with inflation for the following four years. The plans cover a period of six years and will take effect from 1 April this year.

It is expected that the cost of the licence fee will increase by £3.50 in 2024 to £162.50 under the new agreement. By the final year of the settlement it is anticipated that the licence fee will cost under £175. 

Speaking in the House of Commons today, Nadine Dorries, culture secretary, said: "This is a fair settlement for the BBC and for licence fee payers.

"The BBC must support people at a time when their finances are strained, make savings and efficiencies, and use the billions in public funding it receives to deliver for viewers, listeners and users."

Not sure if you need a TV licence? See our 20+ TV Licence tips.

Over 75s need to pay for a TV licence - unless they're on pension credit

Since August 2020, everyone aged 75 or over now needs to pay for their TV licence – the only exception to this is if you claim pension credit, in which case you can get your licence for free. See our Pension Credit guide to read more about what this benefit is, and if you're entitled to claim it.