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Emmad8158
Posts: 1 Joined: Sun Nov 16, 2014 9:07 am
I am in first year of iva and have just been given shares from work as a bonus and to share in the companies success. They are only worth £1,000. Do I have to declare these? Thanks
plasticdaft
Forum Expert
Posts: 9562 Joined: Wed May 21, 2008 12:45 pmLocation: United Kingdom
Yes is the simple answer.
Discharged today the 8th feb 2012. View is much brighter now.
relieved33
Posts: 1166 Joined: Mon May 18, 2009 7:22 pmLocation:
You do need to discuss with your IP. They will let you know what your proposal needs to be done. If it was cash, some will let you keep 50%.
Foggy
Posts: 33396 Joined: Fri Dec 17, 2010 11:14 amLocation: United Kingdom
Contact
Hi. Yes, they do have to be declared and might have to be realised to pay into the IVA. Your IP will advise.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
kazzafunk
Posts: 4749 Joined: Sat Mar 19, 2011 6:47 pmLocation: United Kingdom
As the others have said - yes you do.
