Christmas Bonus

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Nikdav2713

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Post by Nikdav2713 » Fri Nov 03, 2017 10:23 am
Hi,

At Christmas i usually get a bonus in my wages, approx £500 if i get more do i have to tell the IP? As for the past few years when i have done my income & Expenses nothing has been said about? Would this be classed as a windfall?

Thanks
N M Yates

Foggy

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Post by Foggy » Fri Nov 03, 2017 10:27 am
It is not a windfall, being work related, though some IP's might choose to treat it as such. In theory it should be dealt with under the 10% 50/50 rule, with around half going to creditors.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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