Scotland AIB Adopting the Standard Financial Statement instead of the Common Financial Tool

Hi John,

In my view (and bear in mind both sets of allowances are resting on my chair arm at the moment!) The CFS still remains more generous regards the various allowances.
However, as you suggest, the SFS allowances have improved, but not to the CFS standard.

The bottom line is that the CFS is being phased out entirely so there will only be the SFS.

The categories are different to each other and some CFS categories do not feature at all in the SFS.
Motoring costs in the SFS have moved in to fixed costs for instance.

As neither the SFS or the CFS trigger figures can be released to the public, you will have to be guided by the debt adviser who can't tell you what the are but must make sure that you have a reasonable budget that doesn't cause hardship.

DD