As autumn rolls around, there are a number of new changes coming into force across Scotland in September.
Six dates are important to mark in your calendar this month, reports the Daily Record. As the cost of living crisis looms even larger on the horizon, the UK Government recently announced when the second line of payments are set to be paid into individuals accounts.
Other changes to watch out for include bank notes expiring, possible interest rate rises, and the small issue of a new Prime Minister to be announced. Read on more about the newest changes below.
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New number plates
The laws for registration plates on vehicles change twice a year - once in March and then in September. From Thursday, September 1 2022, newly registered cars will receive a '72' plate, in replacement of the '22' plate.
For those who are unaware, there is a system for how numbers and letters are arranged on number plates. The first two letters denote where the car is registered, then the following two numbers are the age identifier indicating when it was registered.
Plates that have been issued from March 2022 onwards featured the last two digits of the current year, and now September plates is the same plus 50 - making them 72 plates. After this, plates will change in March next year to 23 plates.
First cost of living payment today
The first cost of living payment will be hitting eligible tax credit claimants banks from September 2 (today) and will continue to roll out until September 7 2022. In order to receive this payment, people must have been entitled to a payment of tax credits, or an annual award of at least £26 in tax credits between April 26 and May 25 in 2022.
New Prime Minister
The Tory leadership has been ongoing for the last few weeks, with Lis Truss and Rishi Sunak battling it out to become the next Prime Minister. Monday September 5 is when this will all come to an end, and a new leader of this country will be announced.
The successor of disgraced Boris Johnson will be appointed by the Queen at Balmoral rather than Buckingham Palace, in a departure from normal tradition.
Bank of England announcement
The Monetary Policy Committee (MPC) meets at the Bank of England eight times in a year. The last meeting resulted in the biggest interest rate increase in almost three decades.
On August 4, the Bank of England raised interest rates to 1.75 per cent. The rate could go up again during their next announcement on September 15, to a prediction of a possible 13 per cent.
Disability claimants cost of living payments
A £150 one-off cost of living payment will be given to disability claimants from Tuesday, September 20.
Paper £20 and £50 notes withdrawn
Paper banknotes will be removed from circulation after Friday, September 30 when polymer notes, which have been in circulation since 2020, will take over. This means there is just another month to use up all your paper notes, before they're gone for good.
The changeover applies to notes issued by banks in Scotland. These include:
Clydesdale Bank
Royal Bank of Scotland
Bank of Scotland
As well as the Bank of England
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