DAD.info
Forum - Ask questions. Get answers.
Welcome to the DAD.Info forum: Important Information – open to read:

Our forum aims to provide support and guidance where it can, however we may not always have the answer. The forum is not moderated 24 hours a day, so If you – or someone you know – are being harmed or in immediate danger of being harmed, call the police on 999.

Alternatively, if you are in crisis, please call Samaritans on 116 123.

If you are worried about you or someone you know is at risk of harm, please click here: How we can help

Child Support - cal...
 
Notifications
Clear all

[Solved] Child Support - calculation of income

 
(@CSA Help Required)
New Member Registered

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

Quote
Topic starter Posted : 23/02/2015 7:04 pm
 Mojo
(@Mojo)
Illustrious Member Registered

Hi there

I'm going to move this thread over to the Child Maintenance section and ask our CMO expert to offer some advice.

ReplyQuote
Posted : 24/02/2015 4:40 pm
 Mojo
(@Mojo)
Illustrious Member Registered

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.

ReplyQuote
Posted : 25/02/2015 2:23 pm
(@dadmod4)
Illustrious Member

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.

ReplyQuote
Posted : 26/02/2015 12:02 am
Share:

Pin It on Pinterest