Tuesday, 22 July 2008

Child Support changes: Part 1

Professor Patrick Parkinson

On 1 July this year, there were two major changes with child support, following an inquiry [PDF file] headed by Professor Patrick Parkinson.

Change 1 was to the formula.

Change 2 was to the form of child support agreements.

The Child Support Agency has been going through checking child support agreements from about May, and notifying parents if they do not comply with the new laws. In posts in the next few weeks I will write about what these major changes mean.

For many parents, the changes will mean that less child support is paid. The formula at first blush seems hard to calculate, but working it through, step by step, is doable.

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