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CSA old rules how to work out what we should be paying
fountainpen
Posts: 371 Forumite
Ive looked at the formulae on various sites and it's so complicated
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Does anyone know how to work out what we should be paying ?
Without going in to to much detail we pay the PWC direct she does not want us to pay through CSA and i think we pay too much .
Does anyone know how to work out what we should be paying ?
Without going in to to much detail we pay the PWC direct she does not want us to pay through CSA and i think we pay too much .
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Comments
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If you want to PM your details, I will work it out for you and break it down for you.0
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fountainpen wrote: »Ive looked at the formulae on various sites and it's so complicated
.
Does anyone know how to work out what we should be paying ?
Without going in to to much detail we pay the PWC direct she does not want us to pay through CSA and i think we pay too much .
Assuming you're not already paying via the CSA, then if you start a new case now, you won't be on the old rules. You should be on the post 2003 rules that are widely known as CSA2.
These are a straight percentage of the PWC's net pay. These percentages are: 15% for 1 child, 20% for 2 children & 25% for 3 or more children.
The NRP should also receive an allowance of one seventh off the assessment figure for each overnight stay per week up to a maximum of 3 nights.
Also, if you have any children living in the household with you, then the NRP will receive a further allowance.
Example: ...................................... .....£1000 net monthly payment.
1 child living with you (15% allowance - £150) £850 assessable amount.
(20% for 2 & 25% for 3 or more living with you)
Assessment figure for 1 child will be 15% of £850 - £127.50 monthly.
(20% for 2 & 25% for 3 or more qualifying children.
1 child stays overnight once a week, take 1 seventh off the £127.50 which is around £18.21. Therefore, amount payable is £109.29 per month.
This formula should be changing in the next year or so & the assessments will be based on gross pay but the percentages will be changing to accomodate this change.Donedoingdebt Lightbulb moment January 2000. Debt at highest approx £102,000. Debt now (October 2009 - absolutely fork all!!!):beer:
CSA case closed on 02/09/10 :beer::beer:0
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