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bob.m
- Posts: 35
- Joined: Thu Jul 17, 2008 9:42 pm
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Hi there - not a regular poster but often view the very helpful postings.
Was surprised to receive a call from PayPal requesting 2nd annual review even though it is not due until the end of July! Is this normal??. What would happen if we have a major expense (e.g. car repair etc.etc)before then?.We have provided figures and have now received our I and E sheets for completion but note that they require 50% of the net increase in our income (two former employer pensions + two OAP pensions) as the increase is solely due to CPI and/or RPI. If we give 50% over the next 3 or 4 years we will be falling behind (i.e. in real terms) as inflation marches on!! Is this normal (I appreciate the 50/50 rule for extra income) but the above relates to food,petrol and general living expenses.
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pm5
- Posts: 207
- Joined: Tue Mar 25, 2008 12:15 am
- Location: United Kingdom
Post
by
pm5 » Tue May 24, 2011 7:17 pm
You might ind that they mean 50% of any extra income after any extra expenditure is taken into account.
