Child Support Agency assessed paymentsIf you have a child or children that are under the age of eighteen, either party can apply to the Child Support Agency (‘CSA’) to have child support amount administratively assessed on the annual incomes of both parties. The amount is deducted from either person’s salary or income and is remitted directly to the other party. The formula to calculate the assessment is contained in the Child Support Assessment Act 1989 and a calculator from the CSA can be used to determine an estimate as to how much child support is to be payable. The issue with an administratively assessed payment is that whilst the money is directly paid to the other party, there is no guarantee that the money will be provided to the children or used for the children’s benefit. This is where a binding child support agreement may be useful.
Binding Child Support AgreementA Binding Child Support Agreement is a private agreement between the parents to determine which costs of the children are to be paid by whom and what percentages are to be paid. Common expenses that the agreement could cover includes.
- School fees and expenses
- Extracurricular activities
- Medical Expenses
At Phillips & Wilkins, Chris practices in the areas of Property Law, Conveyancing and Family Law. Chris has grown up in the Northern Suburbs and continues to be a part of the local community as being a member of the Old Paradians Amateur Football Club and the Mill Park Cricket Club. Learn more about Chris' legal experience.