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hi, CMS have a 25% threshold policy. if your income increases or drops by 25% or more, your expected to report this change to CMS at any point in the year.
@bill337 the income hasn't increased at any 1 time by 25% though. £40,000 to £46,000 is 15%.
It's just the drop in salary one year has the calculation at a lower payment.
What could happen?
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