www.iva.co.uk

Can anyone offer me any advise,

I am PAYE and soon to work on price instead of a day rate, I will not know how much I will earn from week to week. How will this effect the Income side of the IVA bearing in mind I do not have any pay rise, overtime, bonus clauses in my agreement. The only profiso is that my Income shall be reviewed annually. How will my IP determine my disposal income when I do not have a regular pay structure

Done anyone else have similar circumstances that I will soon have and if so how do they get on?

Im self employed and my wage varies from month to month. I had to state how much i earned per year. if it was done monthly you would need a review monthly. i have good months and bad months but over the year it equals out!

It might be worth trying to get a ball park figure of how much work is expected to come your way per month.

Are you already in an IVA Gouda?

yes since July 2006

Generally, I would rely on your last year's P60 which would provide an average of earnings of the last year. Sometimes IPs do this on the basis of the last three months, so you would need to ascertain which policy your own IP adopts.

If you are moving from a structured wage system to one which is less certain, ask your employers to give you a projection of anticipated future earnings so that you can show this to your IP. Hopefully you will not be affected greatly.