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Posted: Mon Nov 15, 2010 6:28 pm
by New start
I have been told i might be getting a small tax rebate, less than £100. Is this looked upon as a windfall which i can keep?
I don't want to get excited about this until i know.
Thanks in advance x
Posted: Mon Nov 15, 2010 6:42 pm
by liamjames
Hi New Start!
You'll have to talk to your IP about this - it depends on what period the tax relates to. If it relates to a period before the IVA then you may well be allowed to keep it.
Posted: Mon Nov 15, 2010 10:28 pm
by MelanieGiles
If the rebate relates to the post-IVA period, it will need to be retained so as not to disturb your cashflow and hence your IVA contributions.