I have received payments from my employer to cover training costs. The payments have been recorded on my pay slip as bonus. I understand that I must pay 50% of bonuses etc to my creditors, but these payments are for professional training (safety) to keep up competence.
Can my creditors demand 50% of these payments if they are for training? How soon would I have to undertake the training after receiving the payments?
All responses will be gratefully received.
I had a discussion with my MD regarding his views on employees with IVA. His view is that he would have to question the integrity? of an employee on a good salary being in an IVA / not the sort of person that the company would want to employ!( I have been with the company for two years and on an IVA since March 2009).
I decided to keep quiet about my siuation at this stage, but have asked payroll to put a couple of lines onto headed paper.
Will I need to provide evidence of the training at my annual IVA review?