www.iva.co.uk

Hi All,

Its coming up to my annual review, I cannot believe a year has gone by already, albeit its been very tough going, anyway in the letter I have been sent it says you must provide evidence of any change of income which is fine but it says you must show evidence of any changes in your expenditure, how do you show evidence that your food bills and fuel have gone up as we all know that the price of food and petrol has gone through the roof recently.

Thanks
Kitty

I`m in the same boat as you kitty,
I`ll be able to send in written proof of mortgage, insurance and other direct debit increases, but not my increases in petrol and food/grocery expenditure, I just assume it`s a case of common knowledge that these prices have increased.
I imagine our IP`s and case administrators drive cars and eat food and will personally have experience of the price increases in these areas so I hope that common sense prevails when I submit my smallish, but genuine increase in expenditure in these areas without documentative proof.

Hi kitty, I'm glad to hear it has flown by & I know the 1st review is always daunting.

Which company are you with? We might have posters with the same company that can help.

My own reviews in the past have just required, wage slips, P60 or bank statements. I've never been asked to prove any increases in expenditure, but I usually send in utility bills/council tax bills etc as proof just in case.
I've had several reviews other than annual ones where I needed to increase allowances for food & petrol etc & I never had to provide any proof.
I'm sure your IVA company will just want to see proof of any large increases in expenditure & they will understand other things going up, as they are feeling the pinch themselves x

Hi Lyns,

Thanks im with Freeman Jones

Kitty x

Hi Kitty, I received the paperwork for my first annual review a few weeks ago & i was in the exact same situation as yourself regarding receipts for food, fuel etc, Im with Grant Thornton & they asked for 1 years wage slips & my P60, as i haven't received my P60 yet i simply sent wage slip copies,copies of monthly rent on my property & a 2 page narrative with a breakdown of fuel & food costs, i explained that i tried to use supermarket brand products where possible however meat,fish,fruit & veg had gone up.My 1st year has flown by but I must admit this review left me with a pit in my stomach with worry. What if GT wanted to up my monthly payments because I didn't show enough proof?however got a letter from them today to say my I&E has been checked & my payments are staying the same. Try not to worry, im sure you'll be ok, your IP im sure understands the state the economy is in & will do their best to help you, if in doubt give them a call for a chat & explain your concerns,lol Holly x

Hi Kitty, Im sure you will be fine with freeman Jones.

They wont expect every food & petrol receipt etc, so just make sure your budget is what your spending & anything else that you feel you need that was not included on your first Income & Expenditure.
Annual reviews are in place to help you as well as keep an eye on the income & overtime (if any) received.