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?
Child Maintenance and Other Payments Bill
Proceeding contribution from
Charles Walker
(Conservative)
in the House of Commons on Tuesday, 3 June 2008.
It occurred during Debate on bills on Child Maintenance and Other Payments Bill.
Type
Proceeding contribution
Reference
476 c672 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 23:56:11 +0000
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