My IVA is coming up for review next year in March. I only have an account with nationwide and would like to do some savings as well.. just wanted to ask I have opened an online savors account with nationwide so when I do my over time it can go to my savors account.. my question is when my IVA gets review will they check how many accounts I have or can I just send them the bank statements of my current account and not show them my saving account at all... They have only asked for my 12 months bank statements and wageslips and nothing else when they review my IVA..
nadia499 wrote:Will my p60 show my over time hours and my over time earnings as well.. cuz they haven't asked for my p60 at the moment
The P60 will show all earned income from your employer, including overtime. Some ask for it, some don't, as the last payslip in any financial year should show the running total and some firms see all payslips anyway.
nadia499 wrote:So if they don't ask for p60 can I actually hide the savings and the savings account and just show the current account
They can ask for any financial documents at any time. As long as you pay in the 50% of overtime they cannot touch your savings so there is no need to hide it --- and there is no need to mention it either. If, however, you are thinking of hiding overtime you will fail the IVA if found out.
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