We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Protected Income - quick question

Can anyone answer this? I'm on the old system, I am the PWC. My ex is single and has no other children.

My last couple of assessments state the The NRP's Net Income and Protected Income on them.

However I thought the Protected Income should be 70% of the Net Income but when I work this out the Protected Income is more. Does anyone know what the extra Protected amount is for please? (Just curious.)

Comments

  • CMAC_2
    CMAC_2 Posts: 187 Forumite
    The protected income on the old system is housing costs along with the personal allowance for a single person over the age of 25. If you are talking about a deo protected income that is 60%. I suspect what you are talking about is the max amount of child support on the old system which is 30% that would leave the other parent 70% of there income.
  • kelloggs36
    kelloggs36 Posts: 7,712 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It is the higher amount of either 70% of net income OR the disposable income less the allowances.
  • Blob
    Blob Posts: 1,011 Forumite
    On a DEO there is no such think as PI it is PE [Protected Earnings] doubt that you will find anyone that works in the CSA that can tell the difference, more than one has had to admit this to an MP at meetings we have had!
  • Can anyone shed any light as to why my protected income cannot even cover my mortgage and council tax, but they still persist ?

    Shall end up giving up work, selling my house (at a loss) and claiming benefit soon, all this and its affecting my health
  • kelloggs36
    kelloggs36 Posts: 7,712 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Your protected income only allows for interest and council tax plus personal allowances. If you don't have children in your household then it will also be capped at 50% of your net income.
  • Blob
    Blob Posts: 1,011 Forumite
    Simply put they dont care about you they just want your money!
This discussion has been closed.
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
  • 353.5K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K 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.