Page 1 of 1
Posted: Sat Apr 16, 2011 4:39 pm
by running_woodchucks
Can anyone explain how expenses from work are treated in an IVA, such as Petrol & hotel.
Is this money not included in any IVA payment calcuations.
Thanks as ever.
Posted: Sat Apr 16, 2011 5:35 pm
by kallis3
Hi, hope you are well.
I presume this is money that you have already paid out? If so then you shouldn't have any problems - best to run it by your IP though.
Posted: Sat Apr 16, 2011 5:41 pm
by luluj
It will be excluded ... It will be allowable as kallis says it will simply be reimbursing you for your costs... Let you ip know but no need to worry !
Posted: Sat Apr 16, 2011 5:43 pm
by carlmcmullen
Yes, it will be excluded from your income calculaitons