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Posted: Fri Jun 17, 2011 4:27 pm
by steph.3
I have changed jobs and previously had a fully expensed car. I don't now and have to pay personal miles. I also vet paid 13 times a year how Will this be dealt with.
Posted: Fri Jun 17, 2011 4:33 pm
by Goosed
Hi steph.3,
I get paid weekly and some months are five weekers, so my wage is worked out to a monthly average for IVA purposes, I guess the same might apply in your circumstance.
Posted: Fri Jun 17, 2011 4:33 pm
by plasticdaft
Are you in an IVA? It wont be difficult to sort out being paid 13 times a year.
Paul
Posted: Fri Jun 17, 2011 4:36 pm
by carole2662
Hubby gets paid 26 times a year but IVA just took yearly pay and divided by 12 to get monthly pay.
Posted: Fri Jun 17, 2011 4:40 pm
by kallis3
If you're in an IVA then your IP will sort this out, otherwise discuss it with a potential IP. It won't be a problem.
Posted: Fri Jun 17, 2011 9:40 pm
by MelanieGiles
I have clients who are paid four weekly who choose to pay 13 IVA payments per year (at a lower rate) rather than 12 monthly ones. This can help with cashflow and is worth thinking about.