Proceeding contribution from Charles Walker (Conservative) in the House of Commons on Tuesday, 3 June 2008. It occurred during Debate on bill on Child Maintenance and Other Payments Bill.
Child Maintenance and Other Payments Bill
Let us consider a situation in which a self-employed individual is declaring an income of £10,000, which is considerably less than they are probably earning, and they then realise a capital asset of £1 million but that cannot be included in the settlement. That asset has a notional income—if it is invested in the stock market or in a high-yielding savings account—of about £50,000 a year. Is there any way of taking such income into consideration when coming up with settlements?
Secondary information
- Type
- Proceeding contribution
- Reference
- 476 c672
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Child support Children Appeals Assets Civil servants Correspondence Arrears Child Support Agency Maintenance Payments Non-departmental public bodies Standards Departmental coordination Revenue and Customs Child Maintenance and Enforcement Commission
- Legislation
- Child Maintenance and Other Payments Bill 2006-07 to 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 23:56:11 +0000
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