www.iva.co.uk

Hi
My son has just started secondary school and his uniform cost us an absolute fortune. When we have our first annual review at the beginning of next year, will we be able to include cost for school uniform in our budget that wasn't included when the IVA was taken out? It's just something that we didn't think about at the time.

Hi Destiny,

Your I.P should contact you before your annual review, I believe they will also send you an income and expenditure sheet that you can complete with any changes. Usually any increase in expenditure can be offset with an increase in wages.

Best Regards,
IVA Experts
http://www.iva-experts.co.uk/

Hi Destiny i have just has my first annual review yipppeee!!!

We had a few changes such as mortgage, insurances etc I also added on £10 for dental and £10 for eye tests/glasses.

The first year we lived very bog standard with no thought to budgeting for birtdays etc.

As my husband had a pay rise this offset the new outgoings and our IVA payments will remain the same for the next year.

Hi spenmotherhen!
Thanks for that info about your annual review. Who are you with?