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Posted: Wed Jun 18, 2008 10:16 pm
by martin.c
Hi
If i do an IVA will my employer find out ?
Posted: Wed Jun 18, 2008 10:22 pm
by size5
A lot depends on what your occupation is, but as a general rule of thumb it is very rarely a major issue.
Regards.
Posted: Wed Jun 18, 2008 11:18 pm
by MelanieGiles
Certain professions or occupations require their employees to disclose financial problems, and certain firms make this a contractual obligation. If in doubt have a read through your contract of employment, or staff handbook, or try an anonymous call to your HR department for further guidance.
Posted: Thu Jun 19, 2008 6:48 am
by jpj
Can your employer find out from your change of tax code? can an employer tell you have an IVA from a new tax code?
Posted: Thu Jun 19, 2008 6:49 am
by angela18
the only way your tax code changes if you are bankrupt
Posted: Thu Jun 19, 2008 7:54 am
by MelanieGiles
Angela is spot on - there is no amendment to tax codes as a result of an IVA.
Posted: Thu Jun 19, 2008 8:15 am
by jpj
Im sure Mine changed when I went into an IVA ! cause I kept getting demands and my accountant said, dont worry they will stop soon as thats your old tax code and you have a new one now that everythings going under!
Posted: Thu Jun 19, 2008 8:27 am
by MelanieGiles
Not at all. An IVA has no effect on self-assessment, so you ought to look into that jpj as it is not right.