I'm a regular but have changed my name for this.
Dp and I are splitting up and he knows he has to allow 20% of income as child support (we have 2 children). However, more than half our income has always been from his yearly bonus, which he says we are not entitled to any of, but he will offer 20% of a maximum of about a tenth of what it usually is, IYSWIM. Does anyone know whether only salary counts as income, or whether the bonus is too?
I have got the name of a lawyer, although I can't get in touch with him yet, but dp says that because he has offered me the legal minimum, he would not have to pay more even though he is a high earner, and I would be wasting my money going to a lawyer. Obviously, I think - well he would say that wouldn't he?- but I don't want to fork out huge fees for financial disclosure etc if I end up getting what he's offered anyway. I have virtually no savings, no pension, and haven't earned since our eldest was born 10 years ago.(and yes I know I'm a fool).
I would really appreciate any advice, thanks.
I think if his bonus is approximately 100% of his salary, and it is included in his taxable income for the year, and therefore shown on his P60 etc as income, then it should be taken into account. Couldn't you call the CSA?
Thanks, that's good to know.
I think there's a strong chance he will get them to give as much of the bonus as possible in share options from now on, don't know if that would then be income or not? He has bad mouthed me at work to such an extent that I think they will do everything in their power to help him.