DAD.info
Forum - Ask questions. Get answers.
Welcome to the DAD.Info forum: Important Information – open to read:

Our forum aims to provide support and guidance where it can, however we may not always have the answer. The forum is not moderated 24 hours a day, so If you – or someone you know – are being harmed or in immediate danger of being harmed, call the police on 999.

Alternatively, if you are in crisis, please call Samaritans on 116 123.

If you are worried about you or someone you know is at risk of harm, please click here: How we can help

Diversion of Income...
 
Notifications
Clear all

Diversion of Income - LTD business

 
(@fatherof1)
New Member Registered

Preparing to go self employed, the business should be making around £60,000 annually. My Partner and I both paying ourselves through dividends. My question is, at what point would the CMS view this as a diversion of income? say if I took a total of £25,000 of wages/dividends and declared them both to the CMS and my partner took £35,000 would that be viewed as a diversion? would be better taking half and half or will ANYTHING she takes be viewed as diversion? there is next to no info, guidelines online about this just appears to be a threat from CMS FIU that if they THINK you are diverting then you are, but what is the threshold?

TIA

Quote
Topic starter Posted : 05/06/2024 2:14 pm
(@dadmod2)
Illustrious Member

hi,

outcomes vary. heres a doc on how they make decisions about diversion of income:

https://www.voiceofthechild.org.uk/wp-content/uploads/2017/11/Diversion-of-Income.pdf

I recommend you join this support group for paying parents. quite a few members have been investigated by FIU:

https://www.facebook.com/share/rgVEZeV68WiDBASh/

 

 

ReplyQuote
Posted : 05/06/2024 4:52 pm
(@leglby3yo)
New Member Registered

wow

ReplyQuote
Posted : 17/10/2024 6:24 pm
Share:

Pin It on Pinterest