I recently helped my Mother buy a bungalow more suited to her needs than her old house. I have been threatened by the ex that I should expect contact from the CSA. Does my contribution to this house purchase affect any payment I may have to make to my ex? There is nothing in Land Registry to this effect though my Mothers (purchasing) solicitor is aware of my contribution. I would greatly appreciate any help.
"Fred" wrote in message news:47766cc1$0$21095$da0feed9@news.zen.co.uk... >I recently helped my Mother buy a bungalow more suited to her needs than >her old house. I have been threatened by the ex that I should expect >contact from the CSA. > > Does my contribution to this house purchase affect any payment I may have > to make to my ex? There is nothing in Land Registry to this effect though > my Mothers (purchasing) solicitor is aware of my contribution. > > I would greatly appreciate any help. > > No. CSA payments are based on income and soley income but that includes things like bank interest etc., on CS1 it's 15% for 1 child 20% for 2 and 25% for 3 this is off your NET income however that's made up unless youre on benefits. What you do with your money is your business.
Should have read CS2 it's 15% for 1 child 20% for 2 and 25% for 3
"Fletcher" wrote in message news:F6ydnX5PkvCQ7uvanZ2dnUVZ8uednZ2d@giganews.com... > > "Fred" wrote in message > news:47766cc1$0$21095$da0feed9@news.zen.co.uk... >>I recently helped my Mother buy a bungalow more suited to her needs than >>her old house. I have been threatened by the ex that I should expect >>contact from the CSA. >> >> Does my contribution to this house purchase affect any payment I may have >> to make to my ex? There is nothing in Land Registry to this effect >> though my Mothers (purchasing) solicitor is aware of my contribution. >> >> I would greatly appreciate any help. >> >> > > No. CSA payments are based on income and soley income but that includes > things like bank interest etc., on CS1 it's 15% for 1 child 20% for 2 and > 25% for 3 this is off your NET income however that's made up unless youre > on benefits. What you do with your money is your business. > Many thanks. I thought they took into account of capital over a certain amonut as well. When did that change?
