Project manager contracting could be an issue with IVA?

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david506
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by david506 » Sun Feb 04, 2018 5:48 pm
Hi

I am a project manager and thinking about contracting would that be an issue as I am one year through a five year IVA?
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Foggy
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by Foggy » Sun Feb 04, 2018 5:55 pm
david506 wrote:
Hi

I am a project manager and thinking about contracting would that be an issue as I am one year through a five year IVA?


Shouldn't be an issue as long as you can service the IVA at at least or around the agreed dividend. You would need to talk it through at length with your IP as your income will fluctuate and you need to ensure they do not take all the surplus on good months to leave you floundering on the dry months.
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david506
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by david506 » Mon Feb 05, 2018 7:53 am
Thank you I will have a word with them sounds promising
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