Financial worries about moving in with OH

MissMotivation

We have been talking recently about moving in with each other but it's now starting to cause issues about the financial implications.

I've googled and googled but getting more and more confused. We have a slightly difficult financial situation

We both work full-time
I have a DD that I claim tax credits for
DD's Father does not pay any maintenance
OH has a Daughter and pays a substantial amount of CSA to

I need a definitive answer before we take the next step. I know my tax credits will decrease drastically when we start living together but what I'm most worried about is my income being taken into consideration for his CSA payments.

Can anyone tell me how it works?

Chickabiddybex

I don't know how it works but surely you'll save money by sharing rent and bills etc. And personally I think if you love someone and want to live with them then that should be the deciding factor

MissMotivation

That's all well and good if we can afford to pay rent and bills when we live together! If his CSA payments go up and my tax credits go down then it may be that we cannot afford to live together.

victory

MissMotivation wrote: »

That's all well and good if we can afford to pay rent and bills when we live together! If his CSA payments go up and my tax credits go down then it may be that we cannot afford to live together.

Can't live on love alone eh?:D:D

meritaten

after reading many threads on here - other couples in your situation live together, it cannot be that financially draining!
or are you looking for an excuse not to move in with him?

kingfisherblue

Your income will not be taken into account under current CSA rules. As you have one child, the first 15% of your partner's income will be disregarded, even though your daughter is not his child. He will then pay maintenance based on the remaining amount (15% if he has one child, 20% if he has two children, and 25% if three or more).

Tax credits are sometimes taken into account and used as income when working out CSA payments.

This is based on CSA2 rules. For more information and some very knowledgeable posters, try posting ont he Child Support board.

heartbreak_star

If you truly love him that much, you move in together and work around the finances.

HBS x

Person_one

kingfisherblue wrote: »

Your income will not be taken into account under current CSA rules. As you have one child, the first 15% of your partner's income will be disregarded, even though your daughter is not his child. He will then pay maintenance based on the remaining amount

So its actually his child who'll suffer for them moving in together? Grand.

RAS

Depends because in some situations the CTC is taken into account a s income for CSA purposes even though the child is not the NRPs. Can be swings and roundabouts.

Op go over to the child support sub-forum so you understand the rules.

And put your current and possible future scenarios into https://www.turn2us.org.uk

Bear in mind all the benefits situations will change with UC

FBaby

They won't take your income into consideration but could include what will become your joint tax credits. However he will be able to reduce payment on the basis of your child living in the household. In the end likely to have no effect or his ex getting less than she is now.

lolavix

Person_one wrote: »

So its actually his child who'll suffer for them moving in together? Grand.

Nothing to stop him still paying more.