Thank you for your advice, what about if 50% of my take home pay is made up of commission? Would the IVA take into account my current expenditure? The safest way to work out the income would be to base the monthly payments on the basic element only and then pay 50% of any overtime or commision into ...

Thanks Melanie One other question, the company that I work for are talking about giving me a shareholding. This could be excuted when the company floats, potentially within 5 years, how would that affect an IVA? Hi kh and welcome to the forum An IVA is generally based upon your basic salary, and mos...

I am in a DMP and considering an IVA, however my income varies from month to month in the form of commission and bonus's, how will that affect the IVA with regards the calculation of payments?