Help!! and SOA

flis21

Any idea how much the IPA is likely to be? If I take all those bits out it leaves us with a surplus of £722.90. I assume they will leave us some of this to pay for things like birthdays etc. then, if they don't allow us to budget for them.

scootw1

plumduff-2 wrote: »

If you can prove the gym is needed, then that should be ok... Xams, and brthdays seem to be viewed differently OR to OR... some will allow it soe say pay for these out of the surplus..

i think if the OR guidelines say they are allowed then they should be. I definitely questioned them on it.

flis21

plumduff-2 wrote: »

Travel is quite low, you could hide social and cigs in there maybe

The problem with travel is that hubby works for the train company, so we both get free train travel, although I am not allowed to use it to go to work, so have to pay for that. I could up the bus fares a bit, maybe make it £40 a month, which would be £20 each.

plumduff-2

Def up the travel... you also have an elderly mother who lives miles away, who you have to visit once a week, you have to take her shopping on a sunday - cost of a taxi and then your own shopping on a tuesday evening - another taxi home..

What you need to do is reproduce the SOA as it would be on the BR forms... as I said earlier they are individual... so you put your income and your expenditure, and OH puts his income and his expenditure... Say 1/2 each to the bills or a % share...

You will not both have £700+ surplus per month, so it may the case that one of you gets an IPA and the other doesnt.

flis21

OK, Will try and work this out individually:

Mine:

Rent £325
Powergen £37.50
Southern Water £3.25
House Insurance £7.21
TV Licence £5.70
South East Water £8.42

BT £25
Specsavers £15.50
Council Tax £56.33
Gym Membership £26.00

Mobile Phone £10.00
Food / Toiletries £175
Clothing / Footwear £30
Train Travel £45.70
Other Travel £30.00
Hairdressing £15.00
Pet £10.00
Medical (Prescriptions) £13.30
Dentist £10.00

So my total is £848.21
Income less expenses leaves £81.79 per month surplus.

Hubby's:
Rent £325
Powergen £37.50
Southern Water £3.25
House Insurance £7.21
TV Licence £5.70
South East Water £8.42

BT £25
Council Tax £56.33


Mobile Phone £10
Food / Toiletries £175
Clothing / Footwear £30
Bus Travel £30.00
Hairdressing £5
Pet £10
Dentist £10

So total: £738.41
Income less outgoings leaves: £596.69 surplus.

Does this look about right now?

flis21

OK, Have found a percentage table posted on another thread:


1st Column=SURPLUS INCOME
2nd Column=AMOUNT TO BE PAID
3rd Column=% OF DISPOSABLE INCOME


50 Nil
60 Nil
70 Nil
80 Nil
90 Nil
100 50 50
110 55 50
120 60 50
130 65 50
140 70 50
150 75 50
160 80 50
170 85 50
180 90 50
190 95 50
200 100 50
210 105 50
220 110 50
230 115 50
240 120 50
250 150 60
260 156 60
270 162 60
280 168 60
290 174 60
300 180 60
310 186 60
320 192 60
330 198 60
340 204 60
350 231 66
360 238 66
370 244 66
380 251 66
390 257 66
400 264 66
410 271 66
420 277 66
430 284 66
440 290 66
450 297 66
460 304 66
470 310 66
480 317 66
490 323 66
500 350 70
510 357 70
520 364 70
530 371 70
540 378 70
550 385 70
560 392 70
570 399 70
580 406 70
590 413 70
600 420 70



Looking at this table, I shouldn't have to pay any extra, but hubby will be paying about £420. Does that seem about right?