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Hi I'm new here, ans hoping to get some advice and help,
I'm paying CMS at the moment paying monthly
I'm due to have a negligence payout, would I need to notify CMS and will I have to pay a % as a one off or would this change the monthly payment ?
hi, how much will this payout be? if it's taxable income, then CMS would be interested. if it increases your income by 25% or more you should let them know, and they can decide if they want to recalculate maintenance.
@dadmod2 I'm not sure how much it will be
But it will be tax free as its a negligence payout
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