OK yes makes sense. Thank you so much for your reply. I really appreciate it.

Many thanks for the reply. God that a lot. I might not be any better off doing this self employed. That 3500 figure is the income but I have to allow 30% roughly for tax etc. I'll have the debt paid off a lot quicker but will be slog for a year or so to clear it up. Then I suppose that'll be me free...

Sorry should have added my IVA payment in currently £215 pm.

Hi all, Im hoping to start my own company in Sept. I am doing this to get out of the benefits circle and for a better life financially for me and my 3 children. I have a business plan done and my income will be going from £2200 pm to hopefully £3500, then tax etc. How do the IVA treat extra income. ...