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Posted: Thu Jun 24, 2010 10:29 am
by jd230
How would a secondment be treated in an IVA? would it be overtime- hence keep first 10% then 50 % spilt- IVA and keep other half, would it be a straight 50% split or does whole of any extra income go 100% into the IVA?

There is an opportunity to apply for a secodnment for a few months ( higher salary)
Thanks

Posted: Thu Jun 24, 2010 10:32 am
by Declan at DebtFreeDirect
Hi Jd
Does the secondment mean you will encounter additional expenses such as travel or fuel expenses?

Thanks

Posted: Thu Jun 24, 2010 11:05 am
by jd230
Probably similar to post I am in- nothing substantially more

Posted: Thu Jun 24, 2010 11:15 am
by Declan at DebtFreeDirect
Then it is worth discussing this with IP as the increase in income will have an effect on your current IVA contributions. Your IP will be able to advise how the additional income will be treated.

Thanks