When will IP contact me for first annual review due end June ? What information will they require ?

[BdB61]

IVA first anniversary at the end of June 2015, when will the IP contact me about my first annual review. What information will they require ??

[Lisa Thomas]

Hi BdB61 They will probably contact you in July once the year has passed (or possibly in June in readiness) and ask you to complete an Income & Expenditure form to ensure your income position hasn't changed materially from what was first disclosed in your proposal. If you are a sole trader they will should ask to see copies of your tax return and accounts for year ended 5 April 2015 but they may not ask for this at the same time - they may ask for this earlier.

[Lisa Thomas]

I forgot to mention - they may also want supporting documents for your income and expenditure, which might include a look at your bank statements.

[Steven1001]

Hi, mine write to me 2 months before the anniversary date and want 3 months bank statements, 3 months wage slips, p60's and any evidence of changes to budget.