Who gets to keep my tax rebate ?

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Post Reply
 
 

Jasondc87

User avatar
Posts: 2
Joined: Wed Apr 27, 2016 8:54 pm
Post by Jasondc87 » Wed Apr 27, 2016 8:54 pm
Quote
I started my Payplan self employed Iva in May 2015 and I've just filed my tax return for 2015/2016 and I'm due a rebate, who gets to keep the rebate.
Top
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Wed Apr 27, 2016 8:59 pm
Quote
Some IP's will treat this as a windfall and the IVA will get the lot, some will allow you to keep a proportion. I suspect Payplan will want it all.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Top
 
 

Jasondc87

User avatar
Posts: 2
Joined: Wed Apr 27, 2016 8:54 pm
Post by Jasondc87 » Thu Apr 28, 2016 5:17 am
Quote
I did ring them today and was told that they would take a percentage of it for the period of that tax year up until I started the Iva in May but I'm unsure how much and if this will be the case
Top
Post Reply
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”