Please look at my SOA?!?!?

diva_darling!

Hi All,

Here is my first attempt at my SOA - if it seems familiar it is! I've copied someone elses but added/amended it for me

Any comments or changed are welcome in fact requested!!

Income
950

Outgoings
Rent 360
Council Tax 65
House Insurance 11
Gas 25
Electric 25
Water 26
TV licence £ 12
Mobil Phone £35
Housekeeping 205
Clothing/footwear 50
Dentist/Opticians £25 (contacts paid in bulk cheaper than monthly)
Prescriptions 8
Hairdressing 15*
Internet £20
Holidays/Emergencies £45

£927


Please let me know what you all think - thanks!

wherediditallgo

diva_darling! wrote: »

Hi All,

Here is my first attempt at my SOA - if it seems familiar it is! I've copied someone elses but added/amended it for me

Any comments or changed are welcome in fact requested!!

Income
950

Outgoings
Rent 360
Council Tax 65
House Insurance 11
Gas 25
Electric 25
Water 26
TV licence £ 12
Mobil Phone £35 can you reduce this at all by going PAYG or changing supplier? I'm not saying you should, but if it can be done the OR might think you should do it.
Housekeeping 205 does this include food?
Clothing/footwear 50
Dentist/Opticians £25 (contacts paid in bulk cheaper than monthly)
Prescriptions 8
Hairdressing 15*
Internet £20 unless you can justify use of the internet by eg home study, I'd try to split the cost for this amongst other things to hide it.
Holidays/Emergencies £45

£927


Please let me know what you all think - thanks!

You haven't allowed anything for petrol/fares/travel. Do you carry food to work or have to pay for it at work - if so, is that included in your housekeeping amount?

If I think of anything else, I'll let you know.

diva_darling!

I do have a landline, I have landline tv and internet in a package at £40 per month, but I didnt think they'd let me have a landline and a mobil, and I also didnt think they'd let me have a tv package!

Any advice on the best way to word that expense appreicated!

diva_darling!

wherediditallgo wrote: »

You haven't allowed anything for petrol/fares/travel. Do you carry food to work or have to pay for it at work - if so, is that included in your housekeeping amount?

If I think of anything else, I'll let you know.

!!!!!! forgot work transport! back to look at it again

diva_darling!

First amendment!

Income
950

Outgoings
Rent 360
Council Tax 65
House Insurance 11
Gas 25
Electric 25
Water 26
TV licence £ 12
Mobil Phone £35 – tied to contract for another 8 months at least
Housekeeping £205
Clothing/footwear £25
Dentist/Opticians £25 (contacts paid in bulk cheaper than monthly)
Prescriptions 8
Hairdressing 15*
Internet £20
Holidays/Emergencies £45
Transport to work £48

£958

eek! That’s more than I earn without debts

fermi

diva darling!

This post by Richard_S might give you an idea about expenses you may not have thought about.

http://forums.moneysavingexpert.com/showthread.html?t=442224

Obviously, a lot of it might be disallowed as an expense, and you would be expected to pay for them out of the money the OR leaves you after essentials.

Hope that helps

Red1708

I 'lumped' my telephone, mobile & internet all together in one figure. Hiding some of it in household expenditure

diva_darling!

blind-as-a-bat wrote: »

How are you funding the other £20 for your tv package?

That's hidden in my household expeniture - I'd never spend that much on food and stuff but that seems to be the norm of what people have put down!

diva_darling!

Red1708 wrote: »

I 'lumped' my telephone, mobile & internet all together in one figure. Hiding some of it in household expenditure

Thing is that would total about £75 - what do you think would be the top figure I could get away with? Give me an idea of how much I'd need to hide in household expenditure!

wherediditallgo

If you look here at the 'trigger figures', it will give you an idea of the amounts that are allowed without being questioned. I wouldn't rely on the 'discretionary' category at the bottom of the list/table, as it's exactly that & ORs will interpret that differently.

Red1708

I would suggest sererating your holiday & emergencies as sometimes holidays arent allowed & you don't want to loose it all.