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Posted: Sun Dec 16, 2007 9:33 pm
by spenmotherhen
Hello,
I have been offered full time employment which could possibly start after the New Year. The wages aren't great but will help. My question is will I have to pay half of my earnings after childcare etc or will I need to do a new review?
Thanks in advance
Posted: Mon Dec 17, 2007 10:47 am
by Adam Davies
Hi
You will need to contact your IP and fill in a new income and expenditure form
Regards
Andy Davie
IVA.co.uk Spokesperson and Website Manager
About me:
http://www.iva.co.uk/andy_davie_profile.asp
IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Posted: Mon Dec 17, 2007 1:22 pm
by Martin2011
Review should be a positive thing, you'll still be better off....and Many Congratulations on getting the job, great achievement....
Martin
Posted: Mon Dec 17, 2007 2:27 pm
by melanie.n
Hi there
Please remember when completing a new Income and Expenditure form - that apart from stating what your new salary/income will be, the important thing to also remember is any increase costs that may occur - like petrol, parking or public transport, together with additional childcare costs - food at work. It is so easy to forget about these items, but very important to ensure you include them at the outset of reviewing your Income & Expenditure. Also another item to check is that if your income/number of hours worked is increased will your tax credits need amending? a quick phone call to the tax credit helpline should help here, though they may want to know details of what your new salary will be. Congratulations on the job offer though
Posted: Mon Dec 17, 2007 8:54 pm
by emma_t
Hi spenmotherhen
I hope you are well, congrats on the new job if all goes well.
Contact your IP for clarification of what to do with the extra income
Good luck
Posted: Mon Dec 17, 2007 9:17 pm
by Skippy
Congratulations Spenmotherhen, I hope everything goes well for you x
Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.
View my blog at
http://skippy13.blogs.iva.co.uk/
Posted: Thu Dec 27, 2007 6:22 pm
by spenmotherhen
Sorry I have been off line for a while, thanks for all of the replies. I didn't think of extra costs that will arise besides childcare, thanks for those other things to consider Melanie.
Hope you have all had a great xmas.
All the best for the New Year