www.iva.co.uk

Hi all
Another thing I am worried about is I am due a tax rebate any time now . I understand the 10% 50/50 rule.
My only worry is , is this paid back at the end of the yearly review ?
Or can I tell my IP about the rebate and pay it to them there & then?
I would sooner pay them their 50% straight away as so no temptation for me to spend it.

IPs do, though they shouldn't, differ on this. All of my extra income, from whatever source, was dealt with on a monthly basis, as it happened, as specified in my proposal. That way there were no surprises and nothing got forgotten.

Thanks Foggy I’ll see what they say when I bring it up