Thanks very much Harry.....very much appreciated !
Originally Posted by
harry the cod
apron
Everything is explained in the employee regulations HR manual. It's under the Advances/Loans section (C4-4).
The Advance Accommodation Allowance (AAA) is 6 months worth of allowances and can be applied for by
anyone taking the accommodation allowance (AA). The facility is designed to mainly assist those who rent and need to pay the rent in advance. Applications received
before 15th of the month, will have 6 months of allowances paid into that month's salary. If it's not received by the 15th, the allowance will be paid into the following month's salary. If you took the AAA, you'd get 2 lump sum payments per year.
If you have a mortgage, my recommendation is to have the allowance paid monthly with your salary unless you and the other half are very disciplined at budgeting! Hope this helps and good luck with the move.
Harry