Millions of households will see their bills hiked in April with council tax, broadband and water to name just a few.
It means now is a good time to go through your finances and check where you can cut back before these rises come in.
Start by looking at your most recent bank statement, then make note of how much you're paying for each bill.
Once you have a good idea of how much you're paying, you can then start to see if you can get a better deal or save money elsewhere.
Although April does feel very "doom and gloom" there is a glimmer of help for some as a range of Department for Work and Pensions (DWP) benefit payments and the state pension will rise too.
Here is the full list of increases set for April.
Mobile, TV and broadband
Under the current rules, telecom companies are allowed to increase prices in line with inflation and around 4% extra on top of this.
The rate of Consumer Prices Index (CPI) inflation or Retail Price Index (RPI) are normally used to decide these rises.
CPI inflation for December stood at 10.5% and some companies will increase bills by this amount - with 3.9% extra on top, this means some firms will hike prices by 14.4%.
Meanwhile, the rate of RPI for January was 13.4% - meaning possible rises of 17.3% if you include the additional 3.9%.
How much your bill will go up by, and on what date - it is usually either from March 31 or April 1 - depends on your current deal.
You can see a full list of companies that have confirmed price rises here, from BT to EE and Sky.
Energy bills
The Energy Price Guarantee (EPG), which the Government introduced last year in place of the Ofgem price cap, will remain at £2,500 a year for the typical household from April to July.
It had been due to rise to £3,000 but Chancellor Jeremy Hunt announced this would not go ahead in his Budget last week.
The EPG sets a limit on what you can be charged for each kilowatt hour (kWh) of energy you use - so it isn't a total cap on how much you could pay.
But from April, the £400 energy bill discount being supplied by the Government will come to an end.
This means you'll no longer receive money off your bill each month - so how much you're paying will go up.
The £400 discount to household energy bills had been given through instalments of £66 and £67 each month since October.
Standing charges - which are a fixed daily amount you have to pay for energy, no matter how much you us - are also going up from April.
Council tax
Council tax is another bill that will increase from April 1, with the majority of local authorities upping monthly payment by 5%.
The increase will depend on where you live - you can use our council tax calculator to see how much your bill will rise by.
The reason behind the higher-than-normal increase is due to a change introduced by Chancellor Jeremy Hunt last year.
If you can’t see the poll, click here
The change allowed councils to up the bill by up to 5% without a referendum - before this they could only increase it by 2.99%.
Research by County Councils Network (CCN) found that 84 out of the 114 local authorities in England will increase their tax by the full 5%.
Some authorities it will be even more.
London councils can increase bills by 10% under plans by Mayor Sadiq Khan to raise the precept, his share of council tax bills.
Croydon Council has been given special permission to raise council tax by 15% to help pay off £1.6billion of debt and Slough is to up it by 9.99%.
Water bills
Water bills are to see the biggest increase in bills for around 20 years from April 1, with the annual bill for an average household in England and Wales hitting £448.
The 7.5% increase will mean customers will pay on average £31 more than last year.
How much your bill is to rise exactly will be dependent on your water provider.
You can see all the water rates for where you live here.
Prescriptions
The price of an NHS prescription is rising by 30p, from £9.35 to £9.65, from April 1.
The cost of prescription pre-payment certificates (PPCs) - which cover multiple NHS prescriptions for a set price - will also increase.
A three-month PPC is going up from £30.25 to £31.25, and a 12-month PPC will increase from £108.10 to £111.60.
The cost of wigs and fabric supports will rise as well, while the recently introduced PPC for Hormone Replacement Therapy (HRT) will cost £19.30.
Stamps
The price of a first class stamp will rise to above £1 for the first time from this month.
A first class stamp will cost 15p more from April 3, rising from 95p to £1.10.
The price of second class stamps will also increase by 7p, from 68p to 75p.
Car tax
Car tax - or Vehicle Excise Duty (VED) - will increase by 10.1% from April 1.
VED rates for lorry drivers will be frozen from the same date.
Car tax must be paid on all vehicles registered in the UK. You can choose to pay for 12 months upfront, every six months, or monthly.
How much car tax you pay depends on when your car was registered and how much carbon dioxide emissions it produces.
Benefits
Department for Work and Pensions (DWP) benefits and the benefit cap will go up by 10.1% from April 10.
Some benefits will go up slightly sooner - Housing Benefit will rise from April 1 when rent is paid monthly, and from April 3 when rent is paid weekly.
Tax Credits will rise on April 6.
When you'll receive your first increased payment does depend on what day of the month you normally get your benefits.
As an example of how much benefits are rising by, the Universal Credit standard allowance will increase from:
Under 25:
- 2022-23 - single person - £265.31
- 2023-24 - single persons - £292.11
- 2022-23 - joint claimants - £416.45
- 2023-24 - joint claimants - £458.51
Over 25
- 2022-23 - single person - £334.91
- 2023-24 - single person - £368.74
- 2022-23 - joint claimants - £525.72
- 2023-24 - joint claimants - £578.82
The full list of the other benefits that will see an increase in payment include:
- Housing benefit
- Pension Credit
- Attendance Allowance
- Constant Attendance Allowance
- Carer's Allowance
- Disability Living Allowance
- Employment Support Allowance
- Jobseekers Allowance
- Maternity, paternity, adoption and shared parental pay
- Maternity Allowance
- Income Support
- Personal Independence Payment
- Widows Benefit
- Severe Disablement Allowance
- Industrial Injuries Disablement Benefit
- Industrial Death Benefit
- Incapacity benefits
- Bereavement Benefit
The full list of how much each benefit will be rising can be found on the Government's website.
State pension
The state pension will rise by 10.1% on April 10 after the return of the triple lock was confirmed by the Tories.
The triple lock promise guarantees the state pension rises by the highest of average earnings, CPI inflation and 2.5%.
But this was downgraded to a double lock to avoid a record 8% increase after the pandemic pushed earnings growth higher as workers returned from furlough.
Now the triple lock guarantee is being kept in place, the full state pension will rise from £185.15 to £203.85 per week.
The basic state pension will increase from £141.85 per week to £156.20 per week under the triple lock.
