tax rebate

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orchid5

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Post by orchid5 » Sat Jul 17, 2010 7:12 pm
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Hi all, hope that you are all ok and life is treating you well, shame about the weather but we do need the rain. I have been notified that i am inline for a very small tax rebate to the tune of £60, my windfall clause states anything under £500 i can keep, so does this qualify or should i inform my IP?
Om shanti, namesté, good luck to all who are embarking on the IVA journey, it isn't always an easy one but the outcome is the best.

IVA COMPLETED August 2012, received Completion certificate 18.4.13.
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kallis3

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Post by kallis3 » Sat Jul 17, 2010 7:23 pm
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You can mention it, but I doubt you would be expected to hand over such a small amount.

When everyone had the tax rebate a couple of years ago I think we were all able to keep it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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MrsKnight

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Post by MrsKnight » Sat Jul 17, 2010 7:38 pm
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I agree with the above,
If you think of it as a rebate from the previous year (obviously - silly me!) n divide it by 52 weeks - 1.15 a week.

Go n give yourself a treat or buy something you need x
Final IVA payment made in April 2013, never ever thought we could do it or get through it but we did! X



An IVA.co.uk Mentor is someone sharing from their experiences of dealing with debt

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Shining

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Post by Shining » Sat Jul 17, 2010 7:39 pm
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Enjoy your rebate as others have said I'm sure it's yours to keep x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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plasticdaft

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Post by plasticdaft » Sat Jul 17, 2010 8:06 pm
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I think its safe to say the rebate is yours to do as you wish with,that said you may find that after 3 years of being frugal all you want to do is save it for a rainy day!!!

Paul

Enjoy your rebate.
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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liverpig

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Post by liverpig » Sat Jul 17, 2010 8:10 pm
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£60 will just about be enough for a lovely meal out at a s****y restaurant, go treat yourself
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plasticdaft

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Post by plasticdaft » Sat Jul 17, 2010 8:50 pm
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liverpig wrote:

£60 will just about be enough for a lovely meal out at a s****y restaurant, go treat yourself
Just goes to show what different standards we all live by.

£60 is a slap up meal at a posh place for me and her indoors!!![:D][:X]
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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kallis3

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Post by kallis3 » Sat Jul 17, 2010 8:56 pm
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No good me going out for a meal so I'd be hitting the shops!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Shining

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Post by Shining » Sat Jul 17, 2010 9:06 pm
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£60 is a fortune to me! I'd have a takeaway for the family for less than £20 and get my hair coloured which it's desperate for. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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MelanieGiles

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Post by MelanieGiles » Sun Jul 18, 2010 12:37 am
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It is definately your money - so go ahead and give yourselves a treat with it!
Regards, Melanie Giles, Insolvency Practitioner
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orchid5

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Post by orchid5 » Fri Jul 30, 2010 11:08 pm
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Hi all just an update the money is defo mine so that will pay towards the camping fee with my partner and the kids for the week in august wahooooo, a holiday on the tax man lol.
Om shanti, namesté, good luck to all who are embarking on the IVA journey, it isn't always an easy one but the outcome is the best.

IVA COMPLETED August 2012, received Completion certificate 18.4.13.
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Julie

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Post by Julie » Fri Jul 30, 2010 11:10 pm
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Good news...you'll enjoy the holiday a little bit more now [:)] Where are you going?
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orchid5

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Post by orchid5 » Fri Jul 30, 2010 11:15 pm
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We're going to Conwyn for a weeks camping Julie so hopefully the sun will shine that week, however even if it doesn't it's a break away from all that is familiar.
Om shanti, namesté, good luck to all who are embarking on the IVA journey, it isn't always an easy one but the outcome is the best.

IVA COMPLETED August 2012, received Completion certificate 18.4.13.
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