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Posted: Sat Mar 03, 2007 9:20 pm
by jodie.m
im in the army and due to deploy to afganistan i get a tax free bonus for going of about £2800 i also get £12 exta a day for being out their im their for 6 months what will i have to give back to my iva company
thankyou jodie
Posted: Sat Mar 03, 2007 9:25 pm
by scaredkez
hi jodie welcome to the forum you will have to give a bit more information before the experts will be able to help you, are you already in an iva, if not you will need to work out what your debts are and your disposable income which is left at the end of each month, sorry i am not an expert but they will need more information, good luck and take care in afganistan keep psoting also and let us know how you get on.
kerri
Please view my blog at:
http://scaredkez.blogs.iva.co.uk/
Posted: Sat Mar 03, 2007 9:25 pm
by MelanieGiles
Hi jodie and welcome to the forum
Your IVA Supervisor will determine how much of your bonus and additional money you have to pay over, but if you have the usual 50% uplift clause then there is your answer.
I suggest that you tell your Supervisor that you are deploying to an area where communications back to the UK will be difficult, but that you will keep all of the extra money in a savings account to be sorted out on your return to the UK.
Take care out there and keep safe.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
For further details contact me at
http://www.melaniegiles.com and view my IVA blog at:
http://melaniegiles.blogs.iva.co.uk