Royal Mail Franking Tariff Change July 1, 2024

Navigating the Latest Royal Mail Postage Rates

Anthony Coo | Tuesday, Jun 18th 2024
Royal Mail Tariff Update July 2024

Royal Mail recently announced price increases for the Franking Channel effective July 1st, 2024.  These franking machine price increases affect Letters, Large Letters, and Business Mail Advanced products and services, and are above inflation.  Despite this, there continues to be a positive price differential between franking and stamps, still making it worthwhile to use a franking machine to help streamline postage processes and reduce costs.

Enhanced Efficiency and Professionalism

Franking machines not only save money but also enhance efficiency.  By automating the mailing process, your business can speed up outgoing mail preparation, track postage costs accurately, and monitor usage across various departments.  This automation enables better postal spend management and comprehensive reporting capabilities.

Furthermore, franking machines allow you to customise your mail with company logos and priority messages, giving your correspondence a polished, professional appearance and increasing brand visibility.

Preparing for the Tariff Change

As you prepare for Royal Mail's tariff change, franking machine customers will receive instructions to download the new tariff, which will be available five working days before the effective date.  This new tariff will automatically come into effect on July 1st, 2024.  It is essential to ensure that your franking machine is updated with the latest rates to avoid any disruptions.

For more detailed information on the new postage rates, you can visit the Quadient postage prices webpage.  This resource provides comprehensive details on the updated rates and can help you plan your mailing expenses more effectively.

Explore More Information

For further details, check out the Royal Mail Prices list and our Tariff FAQs for more information and answers to common questions.  By staying informed and prepared, you can take advantage of the benefits of franking machines despite the upcoming tariff changes.

In conclusion, while Royal Mail's new tariff reduces the price differential between stamps and franking, the advantages of using a franking machine still make sense.  From cost savings and enhanced efficiency to professional presentation and improved brand visibility, franking machines are a smart choice for optimising your mailing processes.

Are you already with our office and mailing management solutions?

With our extensive selection of franking and inserting machines and the latest information on current postage costs, we can help you to make your mailing process more efficient and cost-effective: