wageslips

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uncertain

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Post by uncertain » Fri Jan 18, 2008 4:09 pm
I have my review in a couple of months and one of the documents my company wants is 3 months payslips.However I get paid weekly so do they require 12 pay slips or just one payslip per month which would mean 3. Iknow it may be a stupid question but I am getting nervous as it approaches.I have had a payrise so expect to pay extra and do overtime as I dont have the 50% clause,However Ihope the rise it not too much as I will struggle as the first 12 months have been great and all payments up todate and just enough after the iva payment has gone out to put to one side to save for a rainy day.

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aguise

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Post by aguise » Fri Jan 18, 2008 4:18 pm
Hi there and welcome.
I am paid weekly and they will want three months of wage slips so it will be the twelve or so. If you have had any increases in expenditure let them know as well and send proof also like receipts or statements.

Ang

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iva experts

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Post by iva experts » Fri Jan 18, 2008 5:03 pm
Hello uncertain,

I would think that 12 weeks worth should be provided, dont stress too much like aguise said usually if expenses has increased this can offset the income increase.

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uncertain

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Post by uncertain » Sat Jan 19, 2008 9:00 am
Thankyou very much for your replies.Deisel,gas,food all have gone up so like you say these will have to be offset against the payrise.

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MelanieGiles

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Post by MelanieGiles » Sat Jan 19, 2008 1:09 pm
Make sure you advise your IP of all items of increased expenditure, which will be set against your additional earnings. In my experience as an IP it is actually quite rare to adjust client's payments upwards, as this generally just comes when there have been job moves or promotions.

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cat 1

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Post by cat 1 » Sat Jan 19, 2008 5:26 pm
So Melanie..as long as there is no massive pay rise/change in circumstance etc, the iva contributions should remain pretty much the same for the duration? Cat
 
 

MelanieGiles

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Post by MelanieGiles » Sun Jan 20, 2008 4:10 pm
They do in my practice, but I cannot speak for other IPs.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

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