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hi dads,
short article here which is interesting: https://voiceofthechild.org.uk/kb/child-maintenance-service-ltd-company-directors/
I would recommend dads that are going through CMS system; if its possible at all, you should try your best to become self-employed/contractor and work through a limited company. find a good reputable accountant to manage your income. This way you have much better control over your income and there is more flexibility. If you stay in permanent jobs, then you will be in a world of hurt for years to come.
No decent father would try and avoid paying the right amount of maintenance, and most arrangements between separated parents work well without the intervention of the CMS... the majority being reasonable... itβs a minority that find themselves fully at the mercy of an ex that is wiling to lie and reduce contact for financial gain... just my opinion! π
One way of reducing payments ...You also might like to consider increasing payments into your pension pot, as the amount of pension paid is deducted from gross income before the CMS make their calculations.
We are notoriously bad at paying enough into a pension pot in this country!
lol thats true mojo. paying into a pension is the last thing on my mind π
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