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Read our latest Financial Settlements guide (2021) 

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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  11. Child Benefit and Tax Credits when sharing childca

Child Benefit and Tax Credits when sharing childca

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04 May 13 #392098 by mumtoboys
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jslgb wrote:

10k a year?? I dont think there are any circumstances where tax credits run so high! If there are it would be intresting to see how. Mine are nowhere near that, i get child tax credits at the highest rate!

As for your payments, if you go through the CSA they wont reduce at all. They just look at your income, not hers. How about it you claimed child benefit and tax credits for one child, and she claims for the other two? Would you be able to claim then?


will depend on how many children are being claimed for, at what rate, whether there are childcare costs to be claimed and where one or more of the children has a disability. I don''t think £10k is impossible with, say 3 children in full time childcare with a minimum wage earning single parent.

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04 May 13 #392099 by jslgb
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Good point, i hadnt thought of it like that! Still, not surprised some people make the choices they do with everything they have available to them!

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  1. Advice
  3. Financial
  5. Advice-Forum
  7. Financial
  9. Benefits
  11. Child Benefit and Tax Credits when sharing childca

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