I have been in a joint IVA with my husband since July, we have just recently been moved over to Aperture. Since starting the IVA my husband and I have both secured better paid jobs, but it doesn't effect income too much due to decrease in Universal Credit.
Because of all these changes, they require higher feul consumption, parking fees, childcare costs etc... I am struggling to know if/when I may possibly be going over the 10% threshold.
If I have gone over are they likely to be understanding at our first I&E review? We wouldn't have gone over by much, and will alwayd pay whatever they decide we have missed.
Also will they question how we've afforded an 'expensive' month, upfront childcare costs, car repairs, and paying off overdraft £250 one lump sum....all in one month.
We've managed to pocket some money due to have 0 hobbies and social life, thanks to work, plus christmas money gifted to us...
Thanks in advance
Regarding monthly fluctuations: Most IP's will understand the reality that some expenses are rarely constant and the monthly guideline is an average over the year --- a good example is gas & electricity --- in the summer months with lighter evenings and (hopefully) warmer days, power consumption will drop below the allowance. But,in the winter it will rise above that amount.So you are expected to squirrel away the summer surplus to cover the extra winter usage. Haircuts? What -- £5 a month ? You save up those fivers until you have enough to convince a hairdresser to wield those scissors.
Who is onlineUsers browsing this forum: No registered users and 26 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, IVA.com Group Limited will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location