PayPlan are dealing with my IVA.
Last week my IVA was approved. The total debt was around £44,000. One of the debts included was HMRC self assessment tax of £2,200.
HMRC did not vote at the creditors meeting.
When I submitted my docs to PayPlan I showed my printed tax calculation from HMRCs website which showed tax as £2,200. I explained to PayPlan that I was unsure of two other tax payments of around £700 (whether they'd be added, deducted or not included). I had called HMRC twice for several hours and was told contradicting info.
I've just received the HMRC tax statement in the post. This confirms tax owed is £3,600.
Is my approved lump sum IVA now in jeopardy? What will happen now?
I've emailed PayPlan but they won't get back to the morning, and I'm going to find it hard to sleep