What happens to our surplus income which has increased ?

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Dori.n

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Post by Dori.n » Sat Oct 29, 2016 2:09 pm
Hi, we are just completing our final review. Our surplus income is around £80/month this year, an increase of £30 due to my husbands on call payments. Previously if the surplus is under £50 we have been allowed to keep it. As it is over the £50, will the whole £80 be taken or will we be able to keep the first £50 and then give them the rest. Thanks
 
 

Foggy

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Post by Foggy » Sat Oct 29, 2016 2:41 pm
Is your basic level around £500 per month ? So, you get to keep 10% Usually for extra income in the form of overtime, bonus etc. you keep the equivalent of 10% of the basic pay then split the rest 50 / 50.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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