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juliet1
Starting Member
2 Posts |
 Posted - 13 September 2009 : 15:20:37
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| How is monthly disposable income calculated? i.e what are the minimum household living expenses? |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 13 September 2009 : 15:44:34
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Hi and welcome to the forum.
There are no minimum and maximum allowances as such, only guidelines that the OR works to. You need to list your expenses honestly and what's left is your disposable income.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
26 IPA payments made, 10 to go - on the home straight! |
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gettingoutofdebt
forum expert
2418 Posts |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 13 September 2009 : 17:30:07
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Thanks Gettingoutofdebt, I was hoping you'd post that!
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
26 IPA payments made, 10 to go - on the home straight! |
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wantitover
Starting Member
United Kingdom
9 Posts |
Posted - 13 September 2009 : 19:41:01
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hi skippy, i really want to read your blog especially about the expenses but i cannot get onto it. i have tried on different days but it wont let me
thanks
joanne |
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debtinfo
forum expert
2826 Posts |
Posted - 13 September 2009 : 19:59:47
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| works for me |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 13 September 2009 : 21:45:48
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I've just got into it ok. I know there has been a problem with the blogs but I think Admin have sorted it out now.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
26 IPA payments made, 10 to go - on the home straight! |
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charlie44
Junior Member
231 Posts |
Posted - 14 September 2009 : 12:30:29
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Gettingoutofdebt, thanks for posting that link, however I cannot get it to open, I have tried double clicking it in IE8, but says page cannot be found. Have also tried cut and pasting it using Google chrome but again I get the same message.
John |
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gettingoutofdebt
forum expert
2418 Posts |
Posted - 14 September 2009 : 12:34:08
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The link is an Excel spreadsheet so if you don't have Excel installed on your PC then you won't be able to view it.
The guidelines are dependent upon the amount of adults/children in the household so let me know how many adults/children there are living with you and I will post the details here. |
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charlie44
Junior Member
231 Posts |
Posted - 14 September 2009 : 13:04:23
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| I have excel installed along with open office but for some reason it will not find the page. I have just been on the insolvency website and searched for it on there. It is coming up in the search results, but still gives me this page cannot be found even when clicking on it from their website! Strange one but cannot get it to work. |
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gettingoutofdebt
forum expert
2418 Posts |
Posted - 14 September 2009 : 13:45:19
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| Same here so it looks like the spreadsheet has been moved or renamed and the link hasn't been updated or maybe it's just a temporary thing. |
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Bettelman
Starting Member
United Kingdom
6 Posts |
Posted - 16 September 2009 : 09:51:18
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first amount is for 1 retired adult
second 1 adult
third 2 adults no children
fourth 1 adult 2 children
fifth 2 adults 2 children
housekeeping 184 187 394 281 501
(incl.food+cleaning)
gas/elec./heating 45 60 75 68 75
water 19 26 32 29 33
telephone charges 21 34 48 47 57
essential travel(car) 35 75 155 62 180
essentail travel(public) 12 26 54 22 63
clothing 29 49 112 96 155
other essential expences are:
rent,mortgage and council tax are variable
maintenance payments, formal arrangements only from net income, 15% for 1 child, 20% for 2 children, 25% for 3 and more children
Court imposed fines
TV license
insurance policies (exept motor)
mobile phone
dry cleaning
children´s school meals
after school clubs and trips
childcare if parent/s are working
dentist
prescriptions
opticians
pets(evidence to be provided)
professional body membership(unless paid by employer)
hairdressing and personal care
holidays(no not 4 weeks to the bahamas but a staycation)
Hope this is of some help because it took me ages with my 1 finger typing skills
They say live is one big party, only i´ve lost my invitation. |
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Bettelman
Starting Member
United Kingdom
6 Posts |
Posted - 16 September 2009 : 09:54:54
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Oeps, sorry i forgot to mention that these figures are only guidelines so the OR doesn´t have to accept them.
They say live is one big party, only i´ve lost my invitation. |
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charlie44
Junior Member
231 Posts |
Posted - 16 September 2009 : 10:51:30
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| Does anyone know the housekeeping figure for 2 adults and 1 child? |
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mick1972a
Junior Member
235 Posts |
Posted - 16 September 2009 : 17:09:20
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Hi Charlie, We are 2 adults and 1 child and put £440 for housekeeping which was accepted with no prob. You can try the above link again seems to be working now.
Mick |
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debtinfo
forum expert
2826 Posts |
Posted - 17 September 2009 : 07:29:56
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| ahh... they have updated it to the new one to march 2009 |
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Topic |
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How is monthly disposable income calculated?
