www.iva.co.uk

hi i have said in my iva that i would pay 50 percent of overtime,but just wondered how do they go about taking the money into the iva?thanks

Hey iain, welcome to the forum. I really don't know but someone who does will be along shortly to answer for you, I just wanted to say hi. Viki X

I send any extra via a cheque monthly.Some modifications stipulate when exactly.Some apparently are annual.I couldn't face such a large bill.Cat

I send a cheque on behalf of my husband and I at the beggining of each new month for the 50% uplift of the previous month. I've just sent £8.44! for May 08.

I ask my clients to self-declare their income every three months and we then calculate whether any monies are due. This is followed up by a fuller review at the end of each year when we verify the information provided to actual wage-slips. You then get the opportunity to pay over any additional earnings on a quarterly basis, but as Lesley posts a lot of people like to do this on a monthly basis just to be sure that they remain fully compliant. I absolutely recommend that this is the right way to monitor your own arrangement if you can.

I too pay mine on a monthly basis . I just phone and tell thm the wage and they put through an extra debit for the amount due.

Ang