Accountant in Bankruptcy is hoping to lay regulations in the Parliament next month which will uprate the current Diligence against Earnings tables. These tables are used to determine the amount deducted from a person’s wages if they are subject to an earnings arrestment and the amount of funds that are protected from arrestment if a person is subject to a bank arrestment.
The proposed changes will provide additional protections to those who are subject to either of these diligences.
The current tables and proposed uprated tables are highlighted below.
If you have any questions or concerns about the uprating of these tables please contact by Wednesday 3 November 2021.