Pensions contributions grrrrrrrrrr!

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oscarsmum1

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Joined: Tue Jan 04, 2011 11:07 pm
Location: United Kingdom

Post by oscarsmum1 » Wed Oct 19, 2011 8:33 pm
Evening, 3rd payment tomorrow and upto now had a nightmare with my pets and boiler, not had chance yet to work out how to manage my budget due to extra expenses!! But Ive survived and managed somehow and havent yet had to ask my IP for help... until now.... I have been informed that the lovely goverment want to increase my pension contributions every month, none of it actually goes towards my own pension, its to pay for the council tax freeze, sorry but Id rather pay a little bit more a month on council tax than an extra £82 a month towards it via my pension! Im told its called stealth tax! Now I cannot afford to pay this extra every month and the 15% reduction my IP can authorise is £48 so would still be £34 down every month,(thats more than a weeks food!!) would creditors just expected me to manage or go bankrupt? Im not very happy about this and the fact we are being screwed from every angle with food,petrol,insurance premiums and everything else in life we do or need! Want to stay in the Uk?!.....no thanks, might be 10+ years away but Im offski!
 
 

mellymoo1983

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Joined: Wed Sep 07, 2011 4:03 pm
Location: United Kingdom

Post by mellymoo1983 » Wed Oct 19, 2011 9:32 pm
Hi i am not sure but think you should speak to your IP and explain. I am sure they will be able to help as the IVA is supposed to help us pay our debts not for us to struggle (like we did before IVA). Good luck and let us know how you get on x
Started IVA May 2010 - 17 months done 43 months to go to a happier debt free life - big lesson learnt!
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