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Posted: Sat Jun 23, 2012 10:35 pm
by Happy.8
Hi any help will be appreciated. We are just after our first year iva review and my husband been offered a franchise driver, which mean he will be able to earn more but have to pay tax himself. I's this something he can do while on iva?
Posted: Sun Jun 24, 2012 7:57 am
by Niobe
Hello,
Yes he can do that, nothing to stop him and it may mean that you will be able to pay more to your IVA.
Just let your IP know what is happening.
Posted: Sun Jun 24, 2012 9:55 am
by Shining
Agreed keep your IP in the loop at all times and pay any extra monies due over and no surprises that way at review time.x
Posted: Sun Jun 24, 2012 11:06 pm
by Broke of London
What a great opportunity for your husband! Wish him luck in his new job!!
As the others have said, just keep your IP in the loop x
Posted: Tue Jun 26, 2012 1:41 pm
by Michael Peoples
Make sure and allow for tax and national insurance when budgetting. Do a set of projections and base any uplift on te net figure after tax and expenses.
Posted: Tue Jun 26, 2012 1:52 pm
by Foggy
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Michael Peoples
Make sure and allow for tax and national insurance when budgetting. Do a set of projections and base any uplift on te net figure after tax and expenses.
More importantly make sure whoever works out your I&E makes this allowance ... mine didn't !!!
Posted: Tue Jun 26, 2012 1:54 pm
by Michael Peoples
Schoolboy error that Foggy! How could they make that mistake?
Posted: Tue Jun 26, 2012 2:12 pm
by Foggy
It does make me wonder, Michael.
Posted: Tue Jun 26, 2012 9:29 pm
by Happy88
Thank you people for your advise. I m glad.phew!!!
Btw has the website change it's way of posting?i didn't get any email telling me people has replied until now...heheh
You guys are just amazinggggg
Posted: Tue Jun 26, 2012 9:37 pm
by Niobe
You will only get notification if you subscribe to the topic, otherwise nothing.
Posted: Tue Jun 26, 2012 11:49 pm
by Broke of London
Hope it works out for you Happy88!!
Posted: Tue Sep 04, 2012 8:26 pm
by Happy88
My husband rang our iva personnel to advise about the offer,he been told to tell his boss about his iva. Now he been rejected the franchisee because of this! I don't understand how our iva have any affect on the franchisee thing! Any help to fight this case?
Posted: Tue Sep 04, 2012 8:29 pm
by Niobe
It is obviously because of the IVA that he has been rejected as they will have done a credit check. It's not good and I would fight it if you can.
Posted: Wed Sep 05, 2012 1:48 am
by MelanieGiles
Who told him to disclose the IVA?
Posted: Sat Sep 08, 2012 6:14 pm
by Happy88
Hi all
He had a form to fill n it says something about credit check so he ask opinion from the IP assistant n have been told to tell his manager about the iva situation. His manager came back and say no it can't be done if he is on iva. I felt gutted! I didn't know about it until he told me, I would have suggest otherwise! How are we gonna fight now?