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anais743

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Post by anais743 » Sat Feb 02, 2008 9:26 am
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I occasionally work a small amount of overtime (about £100 etc every other month after tax). Does this go 50/50 into the iva or not or does it depend your IP arrangement
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carlmcmullen

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Post by carlmcmullen » Sat Feb 02, 2008 9:56 am
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Yes you need to check your Proposal, Nominee Report and Modifications.

If the 50/50 split has been proposed then you need to start to save 50% of the money. I normally suggest that you pay this to your IP monthly by cheque or you can save this in a seperate account and give to your IP either quarterly of when your annual review falls due.

Carl
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