Child Support Paid Form With Pennies

State:
Multi-State
Control #:
US-01881BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a letter to an ex-wife informing her that all obligations to make child support payments will be fulfilled by tender of this final payment. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

How to fill out Final Child Support Payment Notice?

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FAQ

Whether or not you have remarried, or your ex-partner has remarried, does not affect the obligation to continue paying child maintenance. However, when the child maintenance service assesses the level of child maintenance payments, the amount of the payments can be varied if you have additional dependents to support.

When a paying parent can apply for variation These are called 'special expenses' and are for: the cost of keeping in regular contact with the child or children you pay child maintenance for for example, the cost of fuel to travel between your home and the child's home.

It uses the paying parent's gross income to work out the payment. This can include wages, income from a pension and other taxable income. Other income, such as interest on savings, income from a company or rent from a property is ignored in the initial calculations. Assets such as savings and property are also ignored.

There are different child maintenance rates according to the paying parent's gross weekly income this means how much you receive before things like tax and National Insurance are taken off. (2021 figures - see GOV.UK for more information.)

To find out how much child maintenance is, the CMS (child maintenance service) will identify what you are required to pay based on your earnings, which is worked out by looking at average weekly earnings based on the most recent tax year and the paying parent's tax return.

If a paying parent has to pay child maintenance for two children, they must pay 16 percent of their gross weekly income. If a paying parent has to pay child maintenance for three or more children, they must pay 19 percent of their gross weekly income.

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Child Support Paid Form With Pennies