second job

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BECKY

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Post by BECKY » Sun Jun 10, 2007 12:17 pm
If I was to get a second job to make ends meet where would that stand in my iva , would it be classed as overtime and 50% would need to be paid into the pot?
 
 

MelanieGiles

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Post by MelanieGiles » Sun Jun 10, 2007 12:29 pm
Hi Becky

This would be classed as top-line income, so I would only do it to the extent that you need the extra money to fund your general expenses, which of course would be deductable from the income.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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