www.iva.co.uk

Got a statement from them today with my balance of Self Assessment Tax on, balance of £176.25 owing. That's covered by my IVA, so no problems there - except for the fact they are still charging interest on the debt. It's been over two months since my IVA has been approved, so surely they should have got the message now?

I have sent a letter to my IP with the statement and asked if he can look in to it.

However, being in accountancy, I am not in the least bit surprised that HMRC have not taken any action on it as yet! Our experience of them is that they do not cover themselves in glory!

Don't worry about it Chris. It's simply that the HMRC system can be difficult to halt. It takes time, but will be sorted. Just make sure you send the stuff on to your Supervisor and you'll be ok.

Ian

Thanks Ian. [:)]

Hi Ian, Are they allowed to be still adding interest on though, if Cr15py's IVA has been approved.

No. The computer is simply racking it up automatically, but the proof of debt submitted by HMRC will be for the claim as at the date of approval. Once the VA is finished, any interest will then get written off.

Interestingly this applies to other creditors too. If they wanted to creditors could account in their books for ongoing interest. If the VA ends as it should, that would get written off. If it were to fail, creditors are able to recommence collection but including post-VA interest. It's really only HMRC who remind you by issuing statements of it!

ian

It happened to me too I just forwarded it to my ip.