Trigger figure allowances have changed

wherediditallgo

I realised today that the allowances have changed - some amounts have stayed the same, but many have gone down. The updated info is here, so please use these figures as guidelines when completing your SOA rather than others you may have previously saved from another link.

NekoZombie

yes, a few look lower than I expected. *sigh*

Still no news about my IPA either.

fermi

NekoZombie wrote: »

yes, a few look lower than I expected. *sigh*

Still no news about my IPA either.

Hopefully that means they are thinking about it.

At least they didn't write straight back dismissing it, although the waiting must be very frustrating.

rufus79

Thats really useful.

Just out of interest, which figures have changed? A few of the figures look lower than have generall been talked about on here...

Thanks

fermi

Rufus,

These are figures used by HMRC when assessing someone's I&E/SOA for the purpose of determining their ability to pay back tax owed.

The 'Official Receiver' does generally seem to be a bit more generous than these in their calculations.

NekoZombie

fermi wrote: »

Hopefully that means they are thinking about it.

At least they didn't write straight back dismissing it, although the waiting must be very frustrating.

It's been over a month now. The suspense is killing me.

rufus79

fermi wrote: »

Rufus,

These are figures used by HMRC when assessing someone's I&E/SOA for the purpose of determining their ability to pay back tax owed.

The 'Official Receiver' does generally seem to be a bit more generous than these in their calculations.

Ah right, okay. Thanks again.

NekoZombie

fermi wrote: »

Rufus,

These are figures used by HMRC when assessing someone's I&E/SOA for the purpose of determining their ability to pay back tax owed.

The 'Official Receiver' does generally seem to be a bit more generous than these in their calculations.

Thats good to know - the figures seemed a bit tight to me. I put £250 down for houskeeping.