I’ve put together a petition on the government website, calling for them to reassess how they calculate CMS for those who's income is outside of PAYE and I need 5 signatures for it to go live. If anyone is happy to sign, I’d really appreciate the help, once it’s published, I’ll share the proper link for anyone who’s interested.
At the moment, the system mainly looks at PAYE income, which doesn’t always reflect someone’s actual financial situation, especially if they’re self-employed or have income from things like property (such as landlords), dividends, or company benefits, it also doesn't take into account windfalls like inheritances. That can leave a lot of children missing out on support they should be receiving, as well as requiring taxpayers to pick up the slack.
With the way digital tax reporting works now, it’s much easier for the CMS to get a fuller picture of someone’s finances. The petition is just asking the Government to review the rules so assessments consider assets and non-PAYE income too, making it a bit fairer and more up to date.
If you’re happy to be one of the first five to get it started, thank you, it really helps.
https://petition.parliament.uk/petitions/751159/sponsors/new?token=tbNra6oZXUbNmYn9tkw9