Attachment Of Earnings Orders (aeos)
Table B - Deductions from Monthly Earnings Net earnings
Deduction rate %
Not exceeding £220 COPYRIGHT © 2021 THE CHARTERED INSTITUTE OF PAYROLL PROFESSIONALS 0 Exceeding £220 but not exceeding £400 3 Exceeding £400 but not exceeding £540 5 Exceeding £540 but not exceeding £660 7 Exceeding £660 but not exceeding £1040 12 Exceeding £1040 but not exceeding £1480 17 Exceeding £1480 17% in respect of the first £1480 and 50% in respect of the remainder Table C - Deductions from Daily Earnings Net earnings Deduction rate % Not exceeding £8 0 Exceeding £8 but not exceeding £15 3 Exceeding £15 but not exceeding £20 5
Exceeding £20 but not exceeding £24
7
Exceeding £24 but not exceeding £38
12
Exceeding £36 but not exceeding £53 N.B. For orders made on, or after, 1st April 2007 use tables relating to CTAEOs applicable up to 31st March 2007 No printing, copying or reproduction permitted. 17 Exceeding £53 17% in respect of the first £53 and 50% in respect of the remainder Income Payment Agreement (IPA) Introduced on 1st April 2004 an Income Payment Agreement is a legally binding written agreement between a bankrupt and a trustee for a bankrupt (or third party on the bankrupt’s behalf) to make regular and specified payments from a bankrupt’s income to trustees for a specified period, stated in the agreement, but not exceeding three years. Such an agreement can be extended beyond the date of discharge from bankruptcy but not beyond the three-year limit.
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