1st year review

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wuffy

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Post by wuffy » Mon Oct 18, 2010 1:16 pm
Hi

Need to ask what may be a silly question but just wanted to know what info and/or paperwork I would need for my review.....guess I might as well start working on it now.

Many thanks
 
 

rayb

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Post by rayb » Mon Oct 18, 2010 1:19 pm
Hi,

Not a silly question to ask at all. Normally it will be either Wageslips, P60 and maybe Bank Statements and receipts.
 
 

Michael Peoples

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Post by Michael Peoples » Mon Oct 18, 2010 1:37 pm
Wage slips and P60s are normally fine but provide details of any changes in expenditure over and above the norm. Make sure you claim any increases in allowances against increased salary and if in doubt your IP firm will help.

I doubt if you have anything to worry about.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

wuffy

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Post by wuffy » Mon Oct 18, 2010 1:46 pm
Thanks for the replies.

Wage slips and P60 not a prob although Michael I see you used the words Increased and Salary, that would be nice :-)

I will need to contact my IP firm again as there has been an increase in travel cost from this month which has left me short, and not sure how it will affect me from now on.

Ta again for you replies
 
 

lexie2005

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Post by lexie2005 » Mon Oct 18, 2010 4:22 pm
This year (year 5 review) I had to have my last 3 months wageslips, p60, 3 months bank statements & proof of any tax credits. This year was the first time they asked for bank statements though....
 
 

kallis3

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Post by kallis3 » Mon Oct 18, 2010 5:09 pm
I've never yet sent in a P60! Then again, my earnings, tax etc are noted every month on my payslip so I presume that's why they've never pestered me for it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
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MelanieGiles

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Post by MelanieGiles » Tue Oct 19, 2010 12:08 am
I really does depend upon your actual firm. If your expenditure has increased materially in any particular area, evidence of this may also be required on top of the other documents mentioned above - and if you are self-employed you would need to provide accounts and tax returns as well.
Regards, Melanie Giles, Insolvency Practitioner
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