Expenditure guidelines for 2017?

Get expert opinion. This is the place for new questions to be posted.
  • 1
  • 2
16 posts Page 1 of 2
User avatar
Sarahd0183
Posts: 3
Joined: Thu Sep 10, 2015 2:32 am
by Sarahd0183 » Mon Aug 28, 2017 9:32 am
Does anyone know the expenditure guidelines for 2017?
I am just completing my review and working out my expenditure.
Regards
User avatar
Foggy
Forum Expert
Posts: 23221
Joined: Fri Dec 17, 2010 11:14 am
Contact
by Foggy » Mon Aug 28, 2017 9:38 am
The latest ones I have are 2015.
User avatar
kallis3
Forum Expert
Posts: 71638
Joined: Mon Mar 17, 2008 4:02 pm
Contact
by kallis3 » Mon Aug 28, 2017 9:42 am
Email Michael Peoples - he will send you a copy.
User avatar
Michael Peoples
Industry Expert
Posts: 15097
Joined: Mon Nov 03, 2008 12:36 pm
Contact
by Michael Peoples » Tue Aug 29, 2017 10:53 am
I have not seen anything new since 2015 so if that is all you have then you may as well use those. You could increase things by a few percentage points to reflect inflation or where there has been a rise and usually that is acceptable.
Francesca
Posts: 57
Joined: Thu Dec 15, 2016 6:31 pm
by Francesca » Fri Sep 01, 2017 5:15 pm
Hi guys. Is there any difference between each IPs (companies) and the amounts they allowed and if for example in my very first expenditure meals at work weren't included I can include them in my next review (we both work full time)? And why our kid wasn't included (for clothing, hobbies?)
User avatar
Foggy
Forum Expert
Posts: 23221
Joined: Fri Dec 17, 2010 11:14 am
Contact
by Foggy » Fri Sep 01, 2017 5:23 pm
Francesca wrote:
Hi guys. Is there any difference between each IPs (companies) and the amounts they allowed and if for example in my very first expenditure meals at work weren't included I can include them in my next review (we both work full time)? And why our kid wasn't included (for clothing, hobbies?)



Most companies use the same guidelines -- but they are only that ..... guidelines, not set in stone, so the amounts an IP will agree to put forward do differ and some of the more creditor-centric firms neglect to mention (and account for) some categories of allowable expenses.

Amongst other allowances mentioned in the guidelines for children are, per child: £ 70 for food & toiletries, £18 Clothing & Footwear and £5 for hobbies.
User avatar
kallis3
Forum Expert
Posts: 71638
Joined: Mon Mar 17, 2008 4:02 pm
Contact
by kallis3 » Fri Sep 01, 2017 5:43 pm
Just put down what you spend and be prepared to back it up with proof if necessary - they can only question it.
Francesca
Posts: 57
Joined: Thu Dec 15, 2016 6:31 pm
by Francesca » Fri Sep 01, 2017 5:46 pm
Thank you. Will they accept Just simple receipt from the til as the proof??
User avatar
kallis3
Forum Expert
Posts: 71638
Joined: Mon Mar 17, 2008 4:02 pm
Contact
by kallis3 » Fri Sep 01, 2017 5:49 pm
I don't know - you can also try bank statements? Don't forget such things as dental and prescriptions.
Francesca
Posts: 57
Joined: Thu Dec 15, 2016 6:31 pm
by Francesca » Fri Sep 01, 2017 5:55 pm
If anyone would share experience with Cf would be very grateful x
Francesca
Posts: 57
Joined: Thu Dec 15, 2016 6:31 pm
by Francesca » Fri Sep 01, 2017 5:55 pm
kallis3 wrote:
I don't know - you can also try bank statements? Don't forget such things as dental and prescriptions.

Thank you
User avatar
Foggy
Forum Expert
Posts: 23221
Joined: Fri Dec 17, 2010 11:14 am
Contact
by Foggy » Fri Sep 01, 2017 6:25 pm
Francesca wrote:
Thank you. Will they accept Just simple receipt from the til as the proof??


It depends on what you are evidencing. Something like kids clothes you will be expected to stay within guidelines. Kid's special diet on medical grounds, for instance, you will need to show evidence of the cost.
Francesca
Posts: 57
Joined: Thu Dec 15, 2016 6:31 pm
by Francesca » Fri Sep 01, 2017 7:00 pm
Foggy wrote:
Francesca wrote:
Thank you. Will they accept Just simple receipt from the til as the proof??


It depends on what you are evidencing. Something like kids clothes you will be expected to stay within guidelines. Kid's special diet on medical grounds, for instance, you will need to show evidence of the cost.


And meals at work? Haven't been included in my past expenditure but I would want to include in my next review. Will I have to prove it?
User avatar
Foggy
Forum Expert
Posts: 23221
Joined: Fri Dec 17, 2010 11:14 am
Contact
by Foggy » Fri Sep 01, 2017 7:12 pm
Meals at work have a guideline of £42 per person max (at 2015 rates). From memory I was allowed £35 and didn't have to offer proof to my IP.
Francesca
Posts: 57
Joined: Thu Dec 15, 2016 6:31 pm
by Francesca » Fri Sep 01, 2017 7:37 pm
Foggy wrote:
Meals at work have a guideline of £42 per person max (at 2015 rates). From memory I was allowed £35 and didn't have to offer proof to my IP.


The guideline I have got shows 33 per person. No idea what year. Found online. Thank you all for answering my questions x
  • 1
  • 2
16 posts Page 1 of 2
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: No registered users and 11 guests