From an IP's perspective, I believe that if you receive a significant payrise then your whole income and expenditure should be reassessed. It might seem attractive to rely upon the 50% uplift provision, however this may not take account of any increased expenditure you may incur as a result of the increase, such as additional travelling.
And as Andy says - your own IP's decision and interpretation are what really matters, so this question really needs putting to them.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
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