Income Surplus

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Slekclarke
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Joined: Tue Mar 12, 2013 1:47 pm
by Slekclarke » Sat Sep 02, 2017 2:13 pm
Hi, just received my 4th annual income and expenditure. All is good except my income surplus has gone from £719 to £762 does this mean I am now expected to pay an extra £43 ☹️? It doesn't say in documents my payment is going up. I know it's only £43 but that's a lot when you haven't got much!! Thanks as ever for everyone help and support x
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Foggy
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by Foggy » Sat Sep 02, 2017 2:38 pm
Your payment will increase if your disposable income has increased. How has this increas come about? If your income has increased only 50% should go towards the IVA payment.
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Slekclarke
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Joined: Tue Mar 12, 2013 1:47 pm
by Slekclarke » Sat Sep 02, 2017 8:06 pm
Hi, not sure suppose it small incremental pay rise and the extra money we are allowed to earn tax free. I assume they will tell me I need to pay extra. I would have thought it be on the letter though they sent out?
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