Nick Baker, TV and streaming expert at Uswitch said: “A TV licence is a legal requirement if you want to use BBC iPlayer, or watch live television, such as sporting events, on any channel, streaming service or device.

“This means that if you fail to pay the fee, you are breaking the law and could face going to court and receiving a fine of up to £1,000. 

“Purchasing a TV licence costs £159 a year. However, with the current cost of living crisis squeezing many households’ budgets, many will be considering whether they need to renew their TV licence. 

“You do not need a TV licence to stream on-demand shows across services such as Netflix, Prime and Disney+, nor do you need a licence to stream catch-up content across platforms, including ITV X and All 4.”

Mr Baker explained with millions of Britons opting for on-demand streaming services that have thousands of shows and films available, it’s easy to find plenty to watch without paying a TV licence fee to watch live TV and BBC iPlayer.

READ MORE: British Gas, E.On and OVO customers could get cash grants towards their energy bills