The UK's largest and most visited divorce site.
Modern, convenient and affordable services.
We've helped over 1 million people since 2007.

Click this button for details of our

email, phone nbr and free consultations.

How To Contact Us

New CSA3 rates

MrsMathsisfun
Posted by
Platinum Member

20 Aug 13 #405000 by MrsMathsisfun

Topic started by MrsMathsisfun

Can anyone tell me the new rates under the gross income scheme.

When I have looked online, there seems to be some confusion on whether a higher rate is paid if you earn more or whether the higher rate is for lower paid incomes??

Anyone?

WYSPECIAL
Moderator

20 Aug 13 #405001 by WYSPECIAL

Reply from WYSPECIAL

For the first £800 per week of earnings (ie £41,600 pa)the rates are

one child 12%
two children 14%
three+ children 16%

if there is any income over £800 per week that portion is assessed at

one child 9%
two children 12%
three+ children 15%

MrsMathsisfun
Posted by
Platinum Member

20 Aug 13 #405004 by MrsMathsisfun

Reply from MrsMathsisfun

So it works like income tax so is incremental.

It appears pensions are not deductible unless part of salary sacfrice scheme. Is that correct?

WYSPECIAL
Moderator

20 Aug 13 #405006 by WYSPECIAL

Reply from WYSPECIAL

No. Pensions are allowed in full even if contributory but there was mention of a cap of 15% of salary for contributions.

Not sure about other salary sacrifices such as cycle to work, season ticket loans etc but in theory if they use P60 figures they wont be visible anyway.

somuch2know2
Platinum Member

20 Aug 13 #405007 by somuch2know2

Reply from somuch2know2

What about dividends? There seems to be conflicting information on these as well?

MrsMathsisfun
Posted by
Platinum Member

20 Aug 13 #405012 by MrsMathsisfun

Reply from MrsMathsisfun

And what about car allowances, is this now classed as income although its not necessarily taxable.

somuch2know2
Platinum Member

20 Aug 13 #405024 by somuch2know2

Reply from somuch2know2

CSA has updated their calculator and it DOES take pension contibrutions BEFORE they do a gross calculation.

www.gov.uk/calculate-your-child-maintenance

Moderators: wikivorce team, rubytuesday, dukey, hadenoughnow, Tets, Forseti, Mitchum, WhiteRose, Lostboy67, WYSPECIAL, Bubblegum11

Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.