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Guidance on allowable expenditure

Posted: Thu Jan 28, 2021 3:44 pm
by maria564
Hi,
I am trying to put together budget for IVA application . Where can I find a guidance for what is reasonable spending? How much to put , so it is accepted?

Re: <t>Guidance on allowable expenditure</t>

Posted: Thu Jan 28, 2021 3:50 pm
by Foggy
You need to put what you actually spend --- sometimes we are allowed over the guideline figures with a reasonable reason. Your prospective IP should tell you if any figures are OTT and discuss this over the phone.

The guideline figures are rarely published ( the last one I managed to get was in 2015 ! ).

Re: <t>Guidance on allowable expenditure</t>

Posted: Thu Jan 28, 2021 3:55 pm
by Foggy
There's one in a similar ballpark here: http://www.thedebtmen.co.uk/pre-agreed- ... uidelines/

Re: <t>Guidance on allowable expenditure</t>

Posted: Thu Jan 28, 2021 3:59 pm
by Foggy
These are 2014 --- still broadly similar to todays..... https://www.mccambridgeduffy.co.uk/arti ... uidelines/