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T O P I C R E V I E W
charlie44
Posted - 30 October 2009 : 13:12:28 Could someone please clarify this for me. If you have £99 or less you get to keep it all, however if you have £100 you only get to keep 50% of it therefore only keeping £50, is that right or am I reading it wrong.
5 L A T E S T R E P L I E S (Newest First)
BankruptC
Posted - 30 October 2009 : 18:04:53 Yes that's absolutely right Charlie. If your wife's income is totally made up of benefits, she won't get an IPA. If yours isn't, then you'll need to look carefully at your I and E to make sure you're claiming all allowable expenses.
C. x
charlie44
Posted - 30 October 2009 : 16:11:19 I don`t think my wife will get one as all her income is derived from benefits. I think that is the case anyway!
BankruptC
Posted - 30 October 2009 : 16:00:17 Yep! Remember too that you'd need a surplus of £99 EACH for both of you to get an IPA if you are both going BR. My hubby got one and I didn't.
C. x
charlie44
Posted - 30 October 2009 : 15:14:25 Thanks for that, what a weird way of working it though.
BankruptC
Posted - 30 October 2009 : 14:08:17 That's right Charlie! Doesn't seem to make sense does it? It's right though, which is why it's important to get your SOA checked carefully to try to aviod being too close to the £100 if possible!
