📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bankruptcy Advice needed

Options
Original post way too long (sorry !) anyway both me and my husband will be declaring soon - me first - currently he gives me a set amount £600 towards bills etc and I pay everything - do I show this on my statement as "income" and then when he submits later he does the reverse and shows this as "rent/board' to balance it out. I do earn more than him - just want to make sure I get it right. Thanks for any help

Comments

  • fatbelly
    fatbelly Posts: 23,027 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Cashback Cashier
    I think you put your income and your share of the expenses

    He puts in his income and his share of the family expenses.

    If you earn 2 times him then you take 2/3 of the expenses

    If you earn £20000 and he earns £15000 then your share is 20/35.

    You'll need a calculator.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.