Time is running out to save £2,000 on tax and bills


But despite falling wholesale costs, energy bills for the average household will still be significantly higher than before the crisis – the energy price cap was £1,138 in September 2021. Simple yet effective household steps can help soften the blow. 

Turning the thermostat down by just one degree could reduce bills by as much as 10pc, according to the Energy Saving Trust.

Les Roberts of Bionic, a switching service, said: “If you are on a ‘time of use’ tariff or off-peak tariff then prices will be lower at times when the grid is under less pressure and demand is lowest, which tends to be between 10pm-8am.

“Costs can sometimes be 50pc lower during these hours so it can definitely be worth doing your laundry load overnight and taking advantage of these off peak prices.”


Savers have just days to protect themselves from April’s tax trap. From April 6, the threshold at which capital gains are taxed will more than halve from £12,300 to £6,000, and fall again to £3,000 from April 2024. The dividend allowance will drop from £2,000 to £1,000, before falling to just £500 next year.

Laura Suter, of AJ Bell, urged investors and savers to shelter their money in Isas and pensions to beat the tax grab.

 Up to £20,000 can be sheltered in an Isa each year tax-free and most people can pay up to £40,000 into their pension each year while benefiting from tax relief, although this will rise to £60,000 in the coming tax year.