Hi All
I remember hearing somewhere that IRD CS aren’t allowed to take more than 25% of a liable parents income per month. Can anyone confirm if that’s true or not? If this is so is it based on gross or nett income? The other thing I was wondering is about arrears? Is arrears regarded as a completely different tax or should child support + arrears combined also have a maximum per month total for the liable parent. The reason I ask is because on the 1st of April my assessment will be $1750 per month + arrears of 250 per month. I have been told that there is no way they will accept less than 250 per month for arrears.The total figure of 2000 per month will be more than a third of my nett income so I’ll either have to give up the house or stop eating. Does anyone out there know what the maximum they can take is as a percentage of monthly or yearly income including arrears. Thanks guys.
Had_Enough