pay rise

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tmaxxnutter

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Post by tmaxxnutter » Fri Mar 28, 2008 4:45 pm
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hi every one ive just had my iva aproved but i,m due a payrise in april its just standard inflation rate and all my bills have gone up do i have to tell my ip stright away
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debbiw

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Post by debbiw » Fri Mar 28, 2008 4:48 pm
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To be on the safe side I would tell your IP, they will take into account cost of living, etc, but at least you have told them.
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tmaxxnutter

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Post by tmaxxnutter » Fri Mar 28, 2008 5:00 pm
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i thought so i dont want to pay back loads at the end of the year but ive read the Chairmans report, it says The Debtor shall report overtime, bonus.... to the supervisor ....and where the sum exceeds 10% of the debtors normal take home pay. doesnt this come under those terms cause may payrise is no were near that
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Lisa2009

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Post by Lisa2009 » Fri Mar 28, 2008 5:10 pm
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If your payrise is lower then there is no need to tell your IP. When your anual review takes place they will see the slight rise along with the rise in cost of living.
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


Nil carborundum illegitimi
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tmaxxnutter

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Post by tmaxxnutter » Fri Mar 28, 2008 5:14 pm
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thanks thats how i read my report cause i am allowed to keep 10% of overtme thats over my normal wage so i thought that this would come under the same terms
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