www.iva.co.uk

Hello. I have a question about pension contribution. I'm with Nest and contributing 5% which taken automatically by my employer and it's on my payslips. However during my annual review IVA practitioner didn't exclude this contribution from the income. Is it correct practice or I can argue about this? Thank you.

i was with vanguard and my pension of 5.45% i paid via my employer pension scheme was excluded.

they just used my bottom line figure to calculate my payments

I was with Tenon, then Grant Thornton, before they became Aperture and my compulsory pension contributions were excluded from income.
If they have included it in income -- have they not made a counter balancing entry in expenditure ?

Sat Apr 04, 2020 8:28 amFoggy wrote:

I was with Tenon, then Grant Thornton, before they became Aperture and my compulsory pension contributions were excluded from income.
If they have included it in income -- have they not made a counter balancing entry in expenditure ?

No they didn't include it in expenditure either. When I sent them my review of income and expenditure I put my wages after all taxes and pension contribution, but they change it.

Have you discussed this with them ?

Sat Apr 04, 2020 1:17 pmFoggy wrote:

Have you discussed this with them ?

Not yet. I decided to ask online before reaching them.

I was with DFD and the only question I was asked was weather I was paying additional voluntary payments on my pension, as it was 6% (I think) and was told they may want me to stop this and pay it into the pot, as it happened I was paying the bog-standard with no extra

Sun Apr 05, 2020 11:53 amRadish wrote:

I was with DFD and the only question I was asked was weather I was paying additional voluntary payments on my pension, as it was 6% (I think) and was told they may want me to stop this and pay it into the pot, as it happened I was paying the bog-standard with no extra

I'm agree it's fair to not include additional payments on pension, but I'm not paying any extras, only 4% and I expect it to be excluded. I'm gonna get back to them will see if this is mistake.