Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Divorce settlement International

2 replies

Babsinthekitchen · 23/05/2021 11:36

I am newly separated. My husband and I live in separate countries. He wants to settle with me before divorce but I am not sure how much tax I would have to pay on the settlement. I live in UK now. The settlement will be over 100K GBP.

Has anyone ever had this experience?

OP posts:
beigebrownblue · 03/07/2021 14:43

As far as I know and I've contacted moneyadvice.org is the following:

Tax is alread paid by the person who has to pay the settlement
and so the person who receives it is not liable to pay tax on it.

beigebrownblue · 03/07/2021 14:43

although not sure of the 'before divorce' bit

New posts on this thread. Refresh page