Funding through the TV licence
A standard TV licence is currently £174.50
Your TV Licence lets you enjoy a huge range of TV. It covers you for:
- All TV channels, like ÃÛÑ¿´«Ã½, ITV, Channel 4, Dave and international channels
- Pay TV services, like Sky, Virgin Media and BT
- Live TV on streaming services, like YouTube and Amazon Prime Video
- Everything on ÃÛÑ¿´«Ã½ iPlayer
This includes recording and downloading. On any device, including a TV, laptop, tablet or phone
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Read more about the TV licence
What the licence fee pays for
Funding from the licence fee allows the ÃÛÑ¿´«Ã½ to provide an unparalleled range of programmes and services across TV, radio and online. More information about the breadth of content the ÃÛÑ¿´«Ã½ produces can be found here:
In addition to funding programmes and services, a proportion of the licence fee funds the ÃÛÑ¿´«Ã½ World Service broadcasting in 42 languages including English globally, as well as funding the Welsh Language TV channel S4C and .
The licence fee allows the ÃÛÑ¿´«Ã½'s UK services to remain free of advertisements and independent of shareholder and political interest.
Commercial income
The licence fee is supplemented by income from the activities of our commercial subsidiaries - ÃÛÑ¿´«Ã½ Studios and ÃÛÑ¿´«Ã½ Studioworks.
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Commercial services
Our commercial operations generate income to invest in new programmes and content
Ensuring value for money
The ÃÛÑ¿´«Ã½ is focussed on delivering value for all audiences. In a world of rapidly increasing choice the ÃÛÑ¿´«Ã½ continues to reach 90% of UK adults on average each week, rising to 97% over a month, and is the nation’s number one media brand.
- Reduction in overheads
Overheads remain at industry-leading levels, at only 5% of our total costs, with 95% directed to audience-facing content and services
- UK economy
The ÃÛÑ¿´«Ã½ has wide ranging impacts on the UK economy. For every £1 of the ÃÛÑ¿´«Ã½â€™s economic activity, £2.63 is generated in the economy.
- Commercial income
£1,384 million in 2021/22.
- Culminative savings
£1 billion worth of savings delivered since 2016/17.
In 2021/22 this is how your monthly licence fee was spent:

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Read the important update