Hi there,
My situation is that my ex is about to start CSA proceedings against me for maintenance for my son who lives with her. My employment situation is such that I get paid partly by taxable income and partly in dividends as a shareholder in the business in which I work. The dividends payments are not guaranteed as they are dependent on how well the business is (or isn't) doing so, if the Company does badly, my monthly income can drop significantly. For the purposes of filling out the CSA forms how best do I declare the dividends portion of my salary?
Any help much appreciated.
Thanks
Hi there
I'm going to move this thread over to the Child Maintenance section and ask our CMO expert to offer some advice.
Apologies...the CMO expert, having looked at your query is unable to answer your question as you have a case ongoing. Their advice is broadly based and they cannot answer on specific cases. I assumed from your opening sentence that a case hadn't been started, but as you mention you have the forms from the CSA ready to fill out, that indicates that a case is now in progress.
Hopefully, other members that have experience of this will be able to advise. Alternatively you could try the Citizens Advice Bureau, they may be able to help you with this.
I'd be inclined to ring the CMS for general advice on how this is declared. What you could do (if you can afford to do so) is to see if you can set up an arrangement whereby all dividends are paid into a pension scheme (I'd take independent financial advice before doing this) - that might mean that the CMS then only take account of your normal pay.