www.iva.co.uk

Hi,

I am currently in an IVA (2nd year) and I have changed jobs about 8 months ago (IP aware of this) but my question relates to the my wage - I am on commission based wage so my basic is £15K a year and the rest is made up of commission.

My monthly wage has fluctuated over the last few months and I am getting worried that this will have a negative impact on my IVA as some months I get a good salary and other months not so good - what is the 'standard' among IPs regarding this?

Is this then addressed yearly using P60s to determine the next years mean average?

Thanks

Your IP will know how much you need to live on and then operate the 10% 50/50 rule on anything above this. That is what I would do and it seems reasonable.