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Latest legal news from Kent Solicitors, Kaslers Solicitors LLP.



Sunday, 2 December 2007

Divorce -- income-tax on maintenance arrangements

From 06/04/2000
  • all maintenance is exempt from income tax
  • all maintenance is paid gross
  • tax relief on maintenance payments is abolished

This means that

  • Husband pays Wife out of net income with no tax relief
  • Wife receives the income and does not have to pay tax on it

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Call Michael Breeze on 07900 195 195 or call 0845 270 2511 to if you need legal advise about any of these issues