Yearly review/Salar...
 
Notifications
Clear all

Yearly review/Salary change

2 Posts
2 Users
0 Reactions
1,457 Views
(@pc1392)
Active Member
Joined: 2 years ago
Posts: 3
Topic starter  

Hi everyone

I’ve logged in to the c/dean app today to change my bank card info and it’s asking me to complete my first yearly review, going over inc+exp and upload back statements. 

I’ve just started a new job this month and my salary is changing. Overall, my base salary will decrease and there is opportunity to earn commission on top each month. For the first 2 months (august and September pay) the company have given me a £500 incentive while I’m training. I’m unsure how to complete the review as ultimately right now jt will look like I’m earning the same amount as my previous job, but in a months time I’ll be earning potentially less and don’t want my payments increased based on what they can see right now when this is going to change by Octobers pay. 

it also doesn’t tell me how many bankstatements I’ve to upload either..any advice is much appreciated! 


   
Quote
Annmarie Macdonald
(@annmarie-macdonald)
Member Admin
Joined: 2 years ago
Posts: 40
 

@pc1392  Your first yearly Annual Review is a statutory requirement of your Trust Deed and should be completed as soon as possible. Part of the information  contained in the Annual Review is reported to your creditors.  I would contact your Trustee for clarification for how many months Bank Statements and Payslips they require. Some Trustees take, 3, 6 or 12 months information.  They will look at the overall picture and calculate an average salary. Fill in as much information as you can on the review and submit with the evidence required.  

Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
ReplyQuote
Share: