Maintenance Allowance

A Maintenance Allowance refers to a monetary provision given to an individual for their upkeep and living expenses, typically mandated by law or an agreement. This allowance is often provided to dependents, spouses, children, or separated/divorced partners to ensure their basic needs are met.

Key Features: It is generally provided periodically (monthly, quarterly, etc.). The amount may be fixed by law, court order, or contractual agreement. It is intended for essential living expenses, including food, clothing, education, and healthcare. Maintenance allowances can be taxable or non-taxable, depending on jurisdiction and the recipient’s relationship to the provider.

Examples: Spousal maintenance paid by a husband to a wife after separation or divorce. Child maintenance paid by a parent to support minor children. Maintenance allowance for elderly parents under family support laws in some countries.