Hi - my husband has suggested through his form E that £150k (the majority of a £200k bonus he received from his employers in February this year) was in fact a ''gift'' from two ''friends'' (namely two directors of the business).
My husband has always told me this was a bonus he received at work so I am wondering why, now, on the Form E this has changed to a so called gift.
Surely the court would see straight through this? What benefit does he have in saying it is a gift?
I''m very puzzled so if anyone has any knowledge on this I would be very grateful.
That''s what a bonus is. A gift from the employer to reward good work. Sometimes called a gratuity.
Calling it a gift on form E is weak. Even if it was a gift in the sense that we normally associate with gift, it is still ''in the pot''
Many thanks for your thoughts - yes I agree I think he is pretty daft to imply that a ''gift'' will make any difference in court. I hadn''t thought about the HMRC aspect of it - that would be some loophole he is trying to wriggle through if so. e is a chartered accountant so you would think he would know better - or maybe he does and I''m just none the wiser.
It sounds like a weak attempt to try and keep that money for himself. I will post back again when I know more /things progress.
My ex tried all sorts of devious things to maximise his share of the settlement. I don''t know why they think they can re-write the rules for their own benefit. My husband was clearly suffering from ''brain in pants syndrome''. The result is that I do not trust him an inch and have no respect for him whatsoever. I simply do not want that type of dishonest and cruel person to be part of my life.
Hi i would ask for his tax returns etc and maybe the company accounts and a full explanation from the business he works for if he still says it was a gift....as someone somwhere should be payimg some form of tax on this!!! good luck