www.iva.co.uk

Hello everyone. I have just completed my 4. Annual review and so glad that it has been going smoothly for the last 4 years. I have 20 more months to go and will be free, finally
Last year when HMRC added £20 on top of tax credits it did not affected the Iva and stepchange did not ask to increase my payments and been told it’s mine to keep.
I have just received £500 c19 pay from HMRC and I am not sure if it’s still the case or do I need to pay some of this sum towards my IVA?

You will need to check with StepChange, but I would hope that they treat it the same as the monthly addition it is replacing as this is a benefit to assist with coping with the pandemic, rather than paying to creditors.

StepChange are generally pretty laid back about such things, but best to check.

Thank you, I think I should. I will let you know the outcome as might be useful for others might wonder.

I have just spoken to stepchange and they’ve confirmed that it’s mine to keep. They only made a note that I have called and confirmed that I have received it and been told to keep it.
Therefore if anyone wondering, the HMRC payment is ours to keep

Good news!

Fri Apr 16, 2021 11:13 amkallis3 wrote:

Good news!

thank you