Your allowances shoukd be based on your actual expenditure ...the guidelines used are nothing more than a guideline and should not be used for a basis of setting expenditure.Your IP will ensure your expenditure is reasonable and within the parameters.
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
I think one of our posters has a link to some guidelines and may be along soon to provide this. However, as Luluj says put down what you spend and if your IP doesn't agree they may ask for verification for an I&E is personal to you and although the guidelines can be useful they're not a one size fits all.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
If you email me directly I will send the guidelines to you. They are not for publication but they do help clients come review time or at the intial stages.
It is correct to list what you spend but some IP firms will reduce allowances that exceed the guidelines while not mentioning allowances that were not claimed. For that reason it is useful to have the guidelines.
Oh and just for those wandering, i think my company i am with is been a little tight with certain allowances and need to check they are not lowering something that i do actually spend in certain areas especially if the general accepted allowance is ok
