Fostering an an IVA

Get expert opinion. This is the place for new questions to be posted.
2 posts Page 1 of 1

george542

User avatar
Posts: 1
Joined: Mon Oct 19, 2020 4:01 pm

Post by george542 » Mon Oct 19, 2020 4:01 pm
I am in IVA and my wife and I thinking about fostering a child I believe they give you money to look after that a child and by clothing and feed them and and take them places would I have to give up some of that money to the IVA even though it's not for our purpose thank you

Foggy

User avatar
Forum Expert
Posts: 31582
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Mon Oct 19, 2020 4:36 pm
When fostering there is an element of income in the allowances they award, and this is taken into the IVA calculations. However, the portion of the award specifically for the childs needs should be offset in your expenses allowances. It would be advisable to have a chat with your IP (and get any advice they give in writing) before going ahead with the fostering. It does take quite some time to go through the application process, then vetting and then training, so the IVA might well be done and dusted before you get to a placement.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
2 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”