Previous payments but with incorrect income?

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john754

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Post by john754 » Mon Apr 08, 2019 1:48 pm
Hello

I have had one of my annual reviews today and must admit that in my naivety I expected a little more help from my IVA company

Ill try to keep this short...

2 years ago I had a change in job and also personal circumstances. My income increased dramatically but as did my expenditure as I became a father and moved in to a property with my partner who was then only qualifying for statutory maternity pay.

I had to start paying in more money to my IVA per month as my increased salary outweighed my expenditure rise. However I have found out in the last 3 months that this was not to be the case as my tax coding had been wrong. I was told that my arrears were £2k and had to be paid, so I increased my monthly payments to suit, however I am now in huge tax arrears due to my PAYE code been wrong previously. Therefore the £2k that I am paying in to my IVA never existed, but I am still having to pay it in to my IVA

Does anybody have any experience in trying to get this revoked in an IVA and getting the arrears removed?

Thanks

Foggy

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Post by Foggy » Mon Apr 08, 2019 2:49 pm
You have to argue the case that the increase previously applied is no longer correct --- I would suggest putting this is writing, addressed directly to your IP, rather than trying to argue the case to a call handler.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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john754

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Joined: Sun Jan 13, 2019 9:11 am

Post by john754 » Tue Apr 09, 2019 9:39 am
That's the process I have just begun. Its not easy though as there is quite a bit of number crunching and maths involved that my IP just does not seem willing to consider
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