When I entered the Iva I was self employed but 36 months later I have become employed and finished self emoyment .. My wages are near enough the same as I was earning when self employed Will this Make any difference to my Iva now I am classes as employed . ??
Shouldnt make any difference whatsoever as payments are based on whats affordable,so if you are bringing in the same wage roughly its carry on as you were. Keep your iva firm informed just because its good to talk.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
Inform HMRC that you have ceased self employment or they will contuinue to raise assessments against you. It is also worth letting your IP know even though there will be no difference to the IVA. You will however now come under the 10% 50/50 rule so that will need explained.