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Ask Clare Your Own Question
Clare
Clare, Solicitor
Category: Law
Satisfied Customers: 34105
Experience:  I have been a solicitor in High Street Practice since 1985 with a wide general experience.
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, Im a self employed builder and want to review the child

Resolved Question:

,
Im a self employed builder and want to review the child maintenance that I have to pay.
I have 2 children by 2 different mothers.
1 doesn't stay with me at all, the other stays on average 2 nights a wk plus some time in the holidays.
I'm really confused over what figures from my end of year accounts I should be using.My main questions is, is child maintenance calculated on Gross turnover (including all materials I have used, which is £39,000) or Gross income after reductions of materials (£26,600) or net income which is taxable profit after reduction of other business expenditure (£18,041).
Am I right in thinking that the new percentage children is 16 per cent and then split it accordingly with regards ***** ***** child staying with me and the other not?
Thank you. Mr M Beard.
Submitted: 2 years ago.
Category: Law
Expert:  Clare replied 2 years ago.

Thank you question.

I will do my best to help you but I need some further information first.
Have the CMs (CSA) been involved at all up until now?
Clare
Customer: replied 2 years ago.

Clare,

No they haven't, when i split from my wife it was agreed that i would pay a figure that was just over what the csa website recommended. Subsequently having split from a further partner who i had my second child with. I have now started a relationship and want things sorted out fairly so we all know where we stand.

thank you.

Expert:  Clare replied 2 years ago.

What are the other business expenses that you have?
Clare
Customer: replied 2 years ago.

Clare,

Business expenses;

Motor & Travelling

Telephone

Replacement of tools

Accountancy

Protective clothing

Bank charges & interest

Laundry & cleaning

Use of home as office

Sundry Expenses

Postage, printing & stationary

Thanks

Expert:  Clare replied 2 years ago.

The assessment will be on your Gross income less materials - and the amount as 16% divided between the two mothers.
One will get 8% - the other will get 8% less two sevenths.
I hope that this is of assistance - please ask if you need further details
Clare
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