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Earning Holiday pay in an IVA
Posted: Mon Jun 04, 2018 2:13 pm
by Tim24752
hi, I started a new job just recently, in my last job i was paid outstanding holiday pay which will take me over the 10%. what's the process for holiday pay is it classed as a bonus?
Re: Earning Holiday pay in an IVA
Posted: Mon Jun 04, 2018 2:53 pm
by Foggy
I would assume it will be treated under the 10% 50/50 rule. Advise your IP of the amount paid and they will tell you what is due to the IVA.
Re: Earning Holiday pay in an IVA
Posted: Mon Jun 04, 2018 4:17 pm
by recovering
I was allowed to keep my holiday pay
Re: Earning Holiday pay in an IVA
Posted: Mon Jun 04, 2018 7:02 pm
by Foggy
recovering wrote:I was allowed to keep my holiday pay
IPs do differ (which makes life interesting!)