Without a paddle... support for anyone starting a DMP in 2010 (part2)

true27

nataz wrote: »

Sat last night and totted up Aprils spends, and oh s*** we went over again! Seems we just cant keep to the budgets, just as well we've been given extra cash from DLA etc. Am going to try and work out a realistic budget then tell CCCS they can start taking extra cash. Id like to put and extra £200 in to make a real difference, but depends on if we can stick to the budgets or not. I wouldnt mind if we bought lots of fancy stuff.

Hey Natty xx

TOTALLY know that feeling - during the month it feels like you're doing so well, living on blue stripe everything and the spending diary looks ok but once you get the calculator out at the end of the month, its just like someone blows a giant raspberry like they've lured you into a false sense of security. Any idea where the extra is going? Is it loads over budget?

brokepaolo

Afternoon Folks,

On Saturday evening, a friend of mine who runs a pub with her boyfriend asked me if I could help out with the sunday lunchs because their chef had suddenly walked out on them and they had 30 bookings for the next day. I accepted and promptly showed up for work at 10am, worked non stop until 3pm and then enjoyed a free roast dinner and a couple of beers as reward for my efforts as well as £45 'wages' and £5 in tips. they asked me if I would be available to do the same shift next sunday so I said yes. They then told me it could become a regular thing as they thought I'd done a good job. I told them I'd be happy to help out as and when they needed me because I was looking for some extra income and I love cooking.

So my question is this: seeing as I am due to start my DMP in June, should I tell the company running my DMP about this potential source of new income as it does represent a change in circumstance, or, seeing as this was a one-off and I cannot bank on this being a regular source of guaranteed income (not to mention the fact that it was done as an 'ahem' favour), should I just stick to basing my surplus income(what I will be paying to my creditors via my DMP) on the wages I get from my full-time job?

I really hope I can carry on doing the sunday cooking there, they're really nice people and I've always wanted to work in a professional kitchen but obviously, I wouldn't be able to carry on doing it as a 'favour' for too much longer before a certain taxman decides to pop in for a meal and a chat..

true27

Hi Paolo!

What a cracking Sunday afternoon!! Personally I wouldn't be declaring it as income unless it is definitely going to become a permanent arrangement. I would treat it as "overtime" and bung it in a savings account (not an ISA and then you would be paying tax on it IYSWIM) and save it up to make a substantial part payment or a full and final offer. If it becomes offical I would say that is the time to declare it to your DMP managers and then it's up to your employers to declare it to the taxman as well. I guess legally you should be declaring it as self-employed income, but I'm not sure how the technicalities work on that....

Just my opinion but hope it helps

skintoflinto_2

true27 wrote: »

Hi Paolo!

What a cracking Sunday afternoon!! Personally I wouldn't be declaring it as income unless it is definitely going to become a permanent arrangement. I would treat it as "overtime" and bung it in a savings account (not an ISA and then you would be paying tax on it IYSWIM) and save it up to make a substantial part payment or a full and final offer. If it becomes offical I would say that is the time to declare it to your DMP managers and then it's up to your employers to declare it to the taxman as well. I guess legally you should be declaring it as self-employed income, but I'm not sure how the technicalities work on that....

Just my opinion but hope it helps

Hi True
What does IYSWIM stand for? Am I being thicker than ever?!
Afternoon everyone...hope you're all having a good Monday

Nanny25k

skintoflinto wrote: »

Hi True
What does IYSWIM stand for? Am I being thicker than ever?!
Afternoon everyone...hope you're all having a good Monday

No - you're not being thick, I had to have it explained 'If You See What I Mean'

Axx

skintoflinto_2

Nanny25k wrote: »

No - you're not being thick, I had to have it explained 'If You See What I Mean'

Axx

Ahhh, thanks! It makes sense now...:)

true27

skintoflinto wrote: »

Ahhh, thanks! It makes sense now...:)

Thanks Nanny I am very good at not making sense tho Skinto, so just shout if I rabbit in nonsense :rotfl:

andyD_2

Hi paolo

I too am in a position where I can earn some extra income, I spoke to cccs about it and they advised me not to declare it as it could open up a whole lot of other doors and questions that dont neccesarily need opened, IYKIM.

true27

andyD wrote: »

IYKIM.

"If You Know What I Mean"

true27

Grrrr f-ing CrapOne!!!! Not only will they ignore all my letters and call me constantly they have now blocked my access to the online account!!! ARGH :mad::mad::mad: