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Old 5th April 2002 | 07:13
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MALCOLM_DEAN
 
Joined: Aug 2001
Posts: 19
Likes: 0
From: Bradford, West Yorks
Flyergirl,

I can imagine that it was was quite a shock to be presented with a bill for NVQ.

Whilst any money paid into your account prior to 30 June 2000 was eligible for NVQ relief, it was also a condition of the Inland Revenue that this money had to be spent by 30 June 2001. This fact was not particularly well publicised by the Inland Revenue but it was in the "small print".

Any funds on which NVQ had been claimed that was not used by this time was no longer eligible and the NVQ claimed had to be repaid to the authorities.

As far as Multiflight are concerned, we ringfenced all NVQ funds on student accounts so that if the money had not been spent then funds were available to refund the Inland revenue. I know that some FTO's used this substantial influx of cash to keep themselves afloat for another few months or so. Unfortunately the FTO is acting as your agent in dealing with the Inland Revenue and as such the account is your responsibility.

If you wnat to contact me then give me a call at Multiflight


Regards


Malcolm Dean
Head of Training
Multiflight
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