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(2) Where working families'' tax credit is payable and the amount which is payable has been calculated by reference to the weekly earnings of the non-resident parent and another person -
(a) where during the period which is used by the Inland Revenue to calculate his income the normal weekly earnings (as determined in accordance with Chapter II of Part IV of the Family Credit (General) Regulations 1987[42]) of that parent exceed those of the other person, the amount payable by way of working families'' tax credit shall be treated as the income of that parent;
(b) where during that period the normal weekly earnings of that parent equal those of the other person, half of the amount payable by way of working families'' tax credit shall be treated as the income of that parent; and
(c) where during that period the normal weekly earnings of that parent are less than those of that other person, the amount payable by way of working families'' tax credit shall not be treated as the income of that parent.
We provide the UK's lowest cost no-fault divorce service, managed by a well respected firm of solicitors.
Online mediation is a convenient and inexpensive way to agree on a fair financial settlement.
This legally binding agreement defines how assets (e.g. properties and pensions) are to be divided.
Support for people who have to go to court to get a fair divorce financial settlement without a solicitor.