The cost of living crisis is putting additional financial pressure on millions of households across the UK as people try to juggle rising energy bills, soaring inflation and increasing costs for everyday items such as food, fuel and clothing.
While most households have been forced to tighten their budgets following Ofgem’s 54% energy price cap increase on April 1, other elements which impact outgoings such as the hike in National Insurance Contributions are also putting extra strain on making ends meet.
With the average British household now paying £1.1 million in taxes over their lifetime, Perrys Chartered Accountants shares five top tips to make sure you aren’t overpaying.
