Notifications
Clear all

Overtime

4 Posts
3 Users
0 Reactions
1,143 Views
(@melissa)
Active Member
Joined: 13 years ago
Posts: 15
Topic starter  

How does it normally work if you do overtime? Do you keep a percentage and pay it to your TD company weekly or monthly? Or is it paid when a review is done?


   
Quote
Shona Maxwell
(@shona-maxwell)
Honorable Member
Joined: 14 years ago
Posts: 634
 

I can only speak for my firm, but normal practice is that half would go to your trustee, and you get to keep half. If the trustee takes it all, why would you bother doingf overtime? there has to be something in it for you too[:)]

Shona is not currently posting in the Trust-Deed.co.uk forum.


   
ReplyQuote
(@melissa)
Active Member
Joined: 13 years ago
Posts: 15
Topic starter  

Yes, it is half, but I was wondering how I pay it to the TD firm. Is it weekly, monthly, or worked out at a review?


   
ReplyQuote
(@gillian)
Reputable Member
Joined: 14 years ago
Posts: 355
 

I phoned my trust deed firm and they took a payment over the phone. That was after my administrator had seen a copy of my payslip to work out what half the overtime payment was.

Nothing left to discharge - everything's done and dusted!


   
ReplyQuote
Share: