Thursday, March 05, 2020

TV Licence costs over the years #TimeSeries #Data

I got my bill the TV Licence today - €160 for the year is not cheap, but I pay it anyway. It got me thinking about how much this fee tax has cost me over the years. In 1986 when Roma and I first moved into a house together and got our first TV Licence bill, we decided to pay it. It was just as well because shortly afterwards we got the dreaded knock on the door from a TV Licence inspector. Luckily we were able to show our newly acquired licence. In the 34 years since we have not been visited by any more inspectors.

In 1986, the licence fee was £62.00 (€78.74). You can see below the trend in cost over the years:

Data source: Wikipedia.

We can also see that there were periods of stagnation over many years - the fee tax has been €160 since 2008. By my calculation I have paid a whopping €4,371.30 for a TV licence since 1986. of course this is after tax, so I would have had to earn around €6k/€7k to pay this. Is it worth it? 

The licence is free to those who are 70 or over - just 10 more years to go for me (and another €1,600 or more). 

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