The calculation of child maintenance is changing. It will be based on gross (not net) weekly income
For absent parents earning up to 800 pound p.w [x 52 weeks = 41,600] the percentage payable to the resident parent is 12% for one child, 16% for 2 children and 19% for 3 or more children
To cover higher rate tax-payers, the amount of gross income between 800 pound p.w [x 52 weeks = 41,600 p.a. ] and 3,000 pound p.w [x 52 weeks = 156,000 p.a.] (the new top rate of gross income) child maintenance is calculated at 9%, 12% and 15% for 1, 2 and 3+ children respectively
Labels: child maintenance
# posted by michael @ 07:43