Hello. I have a question about pension contribution. I'm with Nest and contributing 5% which taken automatically by my employer and it's on my payslips. However during my annual review IVA practitioner didn't exclude this contribution from the income. Is it correct practice or I can argue about this? Thank you.
I was with Tenon, then Grant Thornton, before they became Aperture and my compulsory pension contributions were excluded from income.
If they have included it in income -- have they not made a counter balancing entry in expenditure ?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Sat Apr 04, 2020 8:28 amFoggy wrote:
I was with Tenon, then Grant Thornton, before they became Aperture and my compulsory pension contributions were excluded from income.
If they have included it in income -- have they not made a counter balancing entry in expenditure ?
No they didn't include it in expenditure either. When I sent them my review of income and expenditure I put my wages after all taxes and pension contribution, but they change it.
I was with DFD and the only question I was asked was weather I was paying additional voluntary payments on my pension, as it was 6% (I think) and was told they may want me to stop this and pay it into the pot, as it happened I was paying the bog-standard with no extra
Sun Apr 05, 2020 11:53 amRadish wrote:
I was with DFD and the only question I was asked was weather I was paying additional voluntary payments on my pension, as it was 6% (I think) and was told they may want me to stop this and pay it into the pot, as it happened I was paying the bog-standard with no extra
I'm agree it's fair to not include additional payments on pension, but I'm not paying any extras, only 4% and I expect it to be excluded. I'm gonna get back to them will see if this is mistake.
