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Bonus rates - help!


Posts: 1
Registered
Topic starter
(@ejhome)
New Member
Joined: 2 weeks ago

I currently pay £300 a month to my ex partner and have just been put on a bonus scheme. This can range largely month to month from £80 - £500 and will never be consistent.

How does this work with my payments as it is not a set amount a month and could sometimes be nothing! I already pay all the kids phone and activities alone and cannot afford to pay anymore. 

Will I have to pay monthly based on my income or will it become an average? I don’t want it to go up totally and have to pay more when I’m not getting it myself.

Would appreciate any help or advice, thank you.

2 Replies
Posts: 5486
(@dadmod2)
Illustrious Member
Joined: 6 years ago

hi, are you paying through CMS? if so you would have to let them know abour your bonuses, and they will make decisions. perhaps they will apply 25% threshold to your income, where they make changes to youe payments if there's been 25% change 

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Posts: 26
Registered
(@dushisbest)
Eminent Member
Joined: 4 months ago

Child Support Caculation regulation 2012 - Chapter 1, 35. If At review, there is no diffrence in gross weekly income "over 25% (+/-)" of the Gross weekly figure, currently used. Then Historical income is the defult. 

However if there is a 25% diffrence, you will be moved onto a "Current income caculation". Chapter 1, 37. Then 38 to 42.

This cover the caculation of bonuses, commision and over time. (In your case 38, 2a and 2b).

1. They will caculate a basic Gross. 

2. Take your monthly bonus amount and determin what your weekly equivilant of that amount is to be. (Normally inflated).

3. They add these figures together, to determin your weekly gross income. 

 

What you need to do, is be completley honest with your self. Look at your bonuses, figure out weather at Annual review, it will push you over the 25% threshold. If under the 25% including any over time ect. At reveiw, historically income from last tax year, will be your assesment. 

If it looks like it is, report it. This will move you onto a current income caculation. (Where at review, it should be within the 25% moving you back to a historial). You may for the period between, reporting and review. Pay slightly over. (Current income caculations are an estimated avrage).

I hope this is helpful. 

 

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