Yes it would, Andy, although I think we are heading towards some kind of consistency now.
Susey, look for the overtime/bonus clauses in firstly your proposal and secondly your Chairmans Report. Which clause do you have, it will be one or the other (or both!)as follows:
1 50% of any increase in net disposable income
2 Keep first 10% of any increase in take home pay then pay in 50% of the remainder. This means if your normal take-home pay is £1130 or more, you will fall below the limit.
Were you aware that it was coming? If not, then it may also be open to you to argue it's a windfall which will probably have a higher de minimus level than £130. Again, you will need to check your proposal.
Once you have checked everything out, and you have a clear view of the situation, then contact your Supervisor to firstly disclose it and secondly to confirm what happens.
Ian
Last edited by
ianmillington on Fri Oct 24, 2008 9:54 am, edited 1 time in total.
Ian Millington
Insolvency Director
PDHL Ltd (formerly Personal Debt Helpline Ltd)
www.pdhl.co.uk