annual review

[aguise]

Not at all I am with freeman jones. The difference must be that I work in nhs and hubby for a large company so everything on wage slips is separated. Could you not ask for your overtime to be separated from the basic hours that way they could see. The only other thing to do is work no overtime for the three months before review and that way it would be worked on basic.
I would speak to your company and explain as you have to us and nsee again what they say. Tell them you are happuy to pay half of overtime but they should not count it as basic as that is not what your proposal says.

Ang

[hallway]

I couldnt ask for my wageslips to be set out differently because they are standard,when you have a yearly reveiw is it just worked out on 3 months wages again i thought it would be done out of the whole years,im hopefully just panicing over nothing,i was in such a mess before Iva was approved just couldnt stand going back to it,i just wish id known about this forum then,thanx so much for taking time to answer me.

[aguise]

No problem anytime. At review why not try and send them three without overtime as well as the most recent and show them and that way you can argure the point that it is overtime on the others.
Dont panic its not worth it as long as you are keeping the overtime aside, you shouldnt have any surprises.
All the best Ang

[MelanieGiles]

In my professional opinion - and this is just my view as apart from any industry standard or guideline - overtime should never be taken into account when calculating disposable income, unless it is regular and contractual.

Ang - to answer your query about my policy - income should be reassessed every year, as exenditure also rises. By reassessing the basic salary, this generally reduces the ongoing 50% payments, as the benchmark is lifted each year. I'm not saying this is the right way, but it works for me.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[aguise]

Thanks Melanie
I understand now what you mean.

Ang