I've been in an IVA for 2 years and am coming up to the 2nd year review.
This year i've been posted out to India twice through work, both times earning expenses back for monies spent whilst out there (food, travel expenses etc)
I've received a rather 'direct' letter from my IVA company advising that i'm "Clearly earning more than X a month net" and that I will need to start paying more into my IVA.
So i'm basically being called a liar based on the fact my P60 will reflect that i've been paid more in the past 12 months than I normally would. (even though I actually haven't)
I'm not actually earning much more this year than last (works out about £30 based on a standad company cost of living increase) and i'm now worried they're setting me up to default, based on an irregularity that isn't going to occur every year!
Should I just call them and explain the reasons behind the extra money, or am I stuck?
Well clearly your IVA company have not understood your wageslips and ought to know that the reimbursement of expenses is not salary!
Of course you must call them to explain the situation, and provide the actual monthly wageslips which will show these transactions. If you have not already explained this to them, you can perhaps see where the confusion arises from as a P60 is only a summary of your gross earnings - but it should not include expenses.
Hi
Your reimbursement should be clearly shown on your wage slip and also should be in the non taxable sction.
Your IVA provider should be lookin at your taxable income only
Regards
