Thank you for your question
My name is Clare
I shall do my best to help you but I need some further information first
When did you first become involved with the CSA
How much are the arrears
What is the source of your actual income (then and now?
Are you the only director of both companies?
Which business is making losses?
What is the nature of the business?
How is it making a loss?
I am sorry to push - but on what?
But the CSA do not accept that?
Yes that is correct
As you are aware there have been two major changes to the system of calculation since the Original legislation so that there are now (technically) three different calculations still in play - CS1, CS2 and the latest one CS3.
Despite various plans there was never any process of moving cases from CS1 to CS2 - so cases started before 2003 remain with assessments made under the original system.
There is however a planned roll out of CS1 and eventually CS2 cases being closed and transferred to the new system - but it is slow and working from the oldest cases - so your assessment remains under the CS2 rules.
This means that the "Assets capable of producing an income" argument can still be used.
With regard to the business the normal running costs of the business will of course be deducted from the income of the business - but you cannot count losses from one business/year against income from another business/year - and if you deliberately leave capital in the business then that can be counted
The proper business costs are indeed allowed -BUT any money that you leave or put in your business that is not needed for business expenditure CAN be counted and given a notional income of 8% per annum which will then be subject to the assessment
If you can prove that the earlier years were less profitable then you must do so - but it is for you to prove.
I am sorry you have misunderstood.
You remain on CS2 unless and until you are rolled into the compulsory closure process - so your arrears come under CS2
You can find all the rules on the website here
You can always ask for me at any time!
No I am afraid that this is not possible - and that case was not successful
You can however enquire at what stage your case is scheduled to be moved