SOA allowances

Maybeelady

Hi,

I notice people keep referring to maximum allowances on your SOA. Where can I find this list, to check that I'm not over the maximum allowed for any given item?

Many thanks

gettingbetter

hi may

just post your soa here
and let the good folks
pic it to bits

kas xx

gettingbetter

sorry

i dont think there is a list going about
every OR is different

some allow you to keep a car £1000
some take it away

the folks on here are great
but nothing is set in stone

kas xx

Maybeelady

So its up to the OR's discretion then?

gettingbetter

hi

there are things you are allowed
but somethings have to come out your surplus
sorry i dont know enough
to say whats what

kas xx

debtinfo

Hi maybee, this is a link to the official guidance on what is and is not allowed

http://www.insolvency.gov.uk/freedomofinformation/technical/TechnicalManual/Ch25-36/Chapter31/part7/part2/part_2.htm

and the amounts in this spreadsheet

Household Expenditure Spreadsheet

fiveyearplan

Thanks debtinfo. The amounts in that spreadsheet were done some time ago and most ORs allow a bit more expenditure on all of them, I think about 15%.

fiveyearplan

I agree with getting better, just post your SOA on here and we can let you know whether it is likely to go through. All ORs adjust a little bit anyway.