Hello,
I'm going through a separation at the moment, and we are trying to construct the financial settlement between us to be as fair and tax efficient as possible.
I am a relatively low earner, and would be entitled to a significant amount of universal credit - I have no savings or any other assets (nor does STBXDH) other than the family home.
I understand that child maintenance does not affect universal credit, but spousal maintenance does. Is there anything to stop us agreeing an artificially high child maintenance monthly payment instead of separate child maintenance and spousal maintenance payments, to avoid losing out on universal credit?
Also, STBXDH has suggested setting up a joint bank account (which only he will pay into as the high earner), which we are both able to use to pay for all costs relating to the children. Would this impact on universal credit? Does anyone see any issues with this?
Thanks!
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Divorce/separation
Avoiding spousal maintenance
150 replies
Schleich · 22/07/2020 19:09
OP posts:
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