I am coming up to my 1st annual review in October - I know it's still a month away however I want to be prepared and have everything ready to send for my review so that its completed asap.
Can you advise what I need to have to send as well what the I & E form will ask?
Best that this is answered directly by your own firm, as they will have detailed knowledge of your case. In my firm we ask for a newly completed income and expenditure statement (we send last year's figures as a guide), the last 3 months wage slips and a copy of the P60. If you are self-employed then you would need to send in your latest accounts and tax return.
SLm mel is right your own firm is best to answer this..My i & e is very detailed and they want to know everything even down to gym membership and dentistry. They also ask me for my last P60 and last 3 wage slips.
I am no expert but would like to give advice based on my own personal experience...
Im with DFD & their procedure is exactly the same as Mels firm, the only diff however, which won't be an issue at your first review, is that they send you your original income & expenditure, not the one from the previou year. So if you are with DFD, after you have completed your first review I would suggest you keep a copy. IE on your review in 2013, they will send a copy of the original I&E from your IVA proposal in 2011, not the updated 2013 version.
I did challenge this some years ago, but just hurt my head on the brick wall I was banging my head against !!
Good luck and dont worry, the review process is usually painless, although its natural to worry just before each one. You will probably find your payments may remain the same
Last payment made April 2012
Certificate received 1st Nov 2012
DFD also ask for 3 months worth of bank statements. Keep copies of everything, I agree with 12 months to go, DFD send a copy of the ORIGINAL I&E which is a pain if you don't keep copies.
