Can anyone answer for me please

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New start

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Post by New start » Mon Nov 15, 2010 6:28 pm
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I have been told i might be getting a small tax rebate, less than £100. Is this looked upon as a windfall which i can keep?

I don't want to get excited about this until i know.

Thanks in advance x
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liamjames

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Post by liamjames » Mon Nov 15, 2010 6:42 pm
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Hi New Start!

You'll have to talk to your IP about this - it depends on what period the tax relates to. If it relates to a period before the IVA then you may well be allowed to keep it.
Take care,

Liam James
Varden Nuttall
http://www.vardennuttall.co.uk

Read our reviews here: http://www.iva.com/iva_companies/Varden_Nuttall.asp
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MelanieGiles

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Post by MelanieGiles » Mon Nov 15, 2010 10:28 pm
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If the rebate relates to the post-IVA period, it will need to be retained so as not to disturb your cashflow and hence your IVA contributions.
Regards, Melanie Giles, Insolvency Practitioner
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