A husband in New York has recently found out to his cost that business assets are not ignored on divorce.

Whilst the approaches in New York and England are different, any English court would also be looking at the true income positions of both parties including business income.

So if a large amount of cash is being generated and not declared for tax purposes and the court finds out about them during an expert valuation, which is likely, then this will not be ignored in England just as in New York.