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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.


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  • twinnytinny
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09 Dec 07 #8705 by twinnytinny
Topic started by twinnytinny
My gets spousal maintenance and claims family tax credit and child tax credit.
Is maintenance not counted as income?

  • sexysadie
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09 Dec 07 #8706 by sexysadie
Reply from sexysadie
You can earn up to about £59300 a year and still get child tax credit so even if it is counted it may not make any difference. The benefits are to help raise the children so in any case should surely relate to cm not sm.

Anyway, if she didn't get the benefits you might be liable for higher sm, so don't complain.

Sadie

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09 Dec 07 #8718 by IKNOWNOW
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I can advise that child maintenance is not counted when working out entitlement to Child Tax Credit and I believe that is the same for Spousal Maintenance (but don't quote me on that one). I will be checking that out tomorrow as I need to know as I am in the middle of filling in my form E. Will post the answer when I get it.

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