Little known TV Licence rule which means 475,000 are missing out on saving £174.50 a year

A LITTLE-KNOWN TV licence rule means that 475,000 households could save £174.50 a year.

Hundreds of thousands of households are eligible for a free TV licence but aren’t claiming one, according to Policy in Practice.

AlamyAn easy TV Licence rule could save you just over £174 a year[/caption]

The cost of a standard colour TV Licence increased from £169.50 to £174.50 a year last month.

And the price of a black and white licence increased from £57 to £58.50.

However...