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Commission

 
(@flosspot)
New Member Registered

Hello,

My commission has reduced recently compared to a relatively good last tax year (£80k) gross. 

Based on my may + June payslips, my yearly gross would be around 50k and the commission is very likely to be slower this year for a number of reasons. 

Based on the payslips I can provide, I will be earning 25%+ less in salary than the current calculation. 

My question is though, both payslips will show commission payments on them.

Will cms request I submit 12 months of payslips, or will this only kick into action if my ex informs them of the commission? Will they purely look at numbers or dive deeper? 

Thanks

Quote
Topic starter Posted : 08/06/2023 10:34 pm
(@bill337)
Illustrious Member

hi, they will likely ask to see 3 months of payslips to see if income has consistently been 25% less. if you don't report any changes, they will just check HMRC records at annual review time and base maintenance off those figures. 

ReplyQuote
Posted : 08/06/2023 10:51 pm
(@flosspot)
New Member Registered

Thanks bill - When you say 3 months, will they ask for 3 months total so April in addition to may and June, or 3 months prior so February march April too? 

Also, as my review is in march, they use the prev tax year, so the calculation I have is based on 21-22 tax year, which is lower than 22-23 (110k).

If I spark changes on the account, will they likely use the more recent completed tax year, or will that only happen come next march/at next annual review? 

Anyway, for various reasons 23-24 is going to be a lot lower. 

This post was modified 12 months ago 3 times by flosspot
ReplyQuote
Topic starter Posted : 08/06/2023 11:05 pm
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