BONUS OF 325.00

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munl

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Post by munl » Sun Feb 21, 2010 1:35 am
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BONUS OF 325.00 At xmas my annual review is due would i have to declare this i thought u didnt as long as its no more then 500.00
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MelanieGiles

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Post by MelanieGiles » Sun Feb 21, 2010 1:37 am
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It depends upon the terms of your actual IVA proposal - have a read through to see if you have the £500 threshold.
Regards, Melanie Giles, Insolvency Practitioner
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kallis3

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Post by kallis3 » Sun Feb 21, 2010 8:34 am
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Would a bonus not come under the 10% 50/50 rule rather than a windfall?
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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MelanieGiles

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Post by MelanieGiles » Sun Feb 21, 2010 11:15 am
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I guess it depends upon whether there is the £500 threshold Jan.
Regards, Melanie Giles, Insolvency Practitioner
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kallis3

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Post by kallis3 » Sun Feb 21, 2010 11:22 am
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Thanks Mel.

Just not sure on that one.
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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