Posted: Mon Oct 19, 2015 7:24 pm
Hi,
** Apologies - this may appear twice! **
I have a quick question. I'm just going through my second IVA annual review and I'd just like to check the following scenario;
I had a temporary promotion in May, significantly increasing my salary. My original IVA payment was £120. My new IVA payment became £280.
My annual review has now been calculated at £430, even though my salary hasn't changed since May and my I&E hasn't changed either.
My caseworker said that the original review to £280 was based on a new monthly salary that was £200 less than what I submitted. Even though he could see the May I&E and it showed the right salary, he didn't know why it had been entered wrong.
He also stated that the amounts submitted in the I&E were too high in some areas (this wasn't explained when the May I&E was submitted).
What they have essentially done is calculate the payments twice, with the same I&E values but different IVA payments.
This doesn't feel right and I have questioned it - all they keep saying is they've put the numbers in and this is what it has calculated.
I believe the calculation should be made based in the original £120 IVA payment as this would make the new payment £380.
Does anyone have any thoughts or comments? Do I push back or is this how it works?
Thanks in advance, Peter
** Apologies - this may appear twice! **
I have a quick question. I'm just going through my second IVA annual review and I'd just like to check the following scenario;
I had a temporary promotion in May, significantly increasing my salary. My original IVA payment was £120. My new IVA payment became £280.
My annual review has now been calculated at £430, even though my salary hasn't changed since May and my I&E hasn't changed either.
My caseworker said that the original review to £280 was based on a new monthly salary that was £200 less than what I submitted. Even though he could see the May I&E and it showed the right salary, he didn't know why it had been entered wrong.
He also stated that the amounts submitted in the I&E were too high in some areas (this wasn't explained when the May I&E was submitted).
What they have essentially done is calculate the payments twice, with the same I&E values but different IVA payments.
This doesn't feel right and I have questioned it - all they keep saying is they've put the numbers in and this is what it has calculated.
I believe the calculation should be made based in the original £120 IVA payment as this would make the new payment £380.
Does anyone have any thoughts or comments? Do I push back or is this how it works?
Thanks in advance, Peter