csa how much will i pay?

HappyMJ

john_cliff wrote: »

Thats great advice thanks very much for the info. When you say she could fight throught the csa and get nothing? doo they take most of what i would pay and she getts whats left?

cheers

No, I meant due to your self employment your assessment could be nothing due to your right to use methods available to you to legitimately reduce your taxable income to very low levels to minimize your tax liability. CSA bases it's decision on the taxable income you report. If your company decides to pay your expenses only such as a car, mobile and whatever else you need to do your work and pays you no salary at all and keeps reinvesting any income in tax deductible expenses then your income is NIL and your assesment will be NIL.

john_cliff

HappyMJ wrote: »

No, I meant due to your self employment your assessment could be nothing due to your right to use methods available to you to legitimately reduce your taxable income to very low levels to minimize your tax liability. CSA bases it's decision on the taxable income you report. If your company decides to pay your expenses only such as a car, mobile and whatever else you need to do your work and pays you no salary at all and keeps reinvesting any income in tax deductible expenses then your income is NIL and your assesment will be NIL.

thanks again, looks like i will need to sit down with my accountant if we cant come to an agreement. fingers crossed eh

cheers

Darlyd

My husband takes home about what you do, when I did a CSA calculation out of curiosity, he would need to pay me £56 a week.

Ask your ex if she would like to do a private agreement and you pay her direct via standing order (named maintenance) so you both have proof.

iluvfreebies

hi John
the info the csa will need from yourself would be ure last tax return if you have the gross profit from that its easy to see how ure assessment will be calculated - if you pm me with the details i can work out how much you would be asked to pay - worth bearing in mind if you were contacted on friday when the assessment is completed it will be backdated to then so best to leave some money aside in the meantime to cover any arrears bill.

john_cliff

thanks i will dig out my end of year tax return info and pm you.

PS how do i pm you click on your name?

thanks

iluvfreebies

yes i think so will look out for it - also what overnight access do you have with the child and do you pay into a private pension and if you have any children who live with you - these all factor into the assessment.

kevin137

It would be a simple calculation, if you had £30,000 after tax, for the previous tax return, then divide by 52, and you would ay 15% of that figure weekly.

Yes you can significantly reduce payments through the CSA by being self employed, others do that quite legally, morally is another matter, if you want to provide for your children, and can honestly say that you would not mess about with payments once agreed, then go for a private agreement should you be able.

Try to agree an amount that is maybe not as much as 15%, but that would affordable to you should you earn less. That way you would still pay and she would have security knowing the money is coming every week.

If you think you would be unreliable then it needs to be by standing order or direct debit, even post dated cheques, but you need to remember, that if you are late paying, it will affect the ability for your ex to provide, it is no different when the CSA collect, but it takes longer time, a lot more hassle for you both, and is a real pain in the back side.

I would definitely go for a private myself if possible. CMEC is there to agree figures for you both, but it is not a formal or contracted agreement, and either of you can change your mind at any stage and then go through the CSA, that would be assessed from date of notification and you then stop paying privately immediately.

Point your ex in the direction of this forum, and say you have been really frightened by what you have read (i'm sure you have anyway), and ask her if it would be possible. It may be worth it for both of you.

Try to agree a figure with a reviewable period in say 6 months, and both sign the agreement between yourselves, maybe with a witness, it could be this could be used against you in a county court claim should you not pay, but would not be enforceable by the CSA until notified. You would, at this stage if you went this route, both need to notify the CSA that you have come to a private agreement, and that the current case needs to be closed, otherwise you would accrue arrears through them.

Good luck

john_cliff

Thanks for the advice. i was speaking to another friend today who is in receipt of child support. i was told that the maximum that my ex would get regardless of what i paid would be about £20.00 as her benifits would be reduced as a result of the csa money she received. she is currently on jobseekers allowance.

is this correct?

thanks

PreludeForTimeFeelers

john_cliff wrote: »

Thanks for the advice. i was speaking to another friend today who is in receipt of child support. i was told that the maximum that my ex would get regardless of what i paid would be about £20.00 as her benifits would be reduced as a result of the csa money she received. she is currently on jobseekers allowance.

is this correct?

thanks

No - that used to be the case up until about 3 years ago, now your ex would get the whole amount of CSA, with no impact on her benefits.