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Homepage › Beanstalk Single Mum Anonymous Forum › Beanstalk Single Mum Anonymous Forum › Voluntary Redundancy & Child Support
- This topic has 9 replies, 1 voice, and was last updated 1 month, 1 week ago by
Lucy Good.
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Anonymous
GuestI’m currently working P/T and have 100% care of my 3 children. Ex should be paying child support but hasnt since he relenquished responsibility of them 4 months ago. He has accrued a debt and I doubt I will ever see it.
There is potential that I will be eligible for voluntary redundancy at work. How does this affect any child support (if he paid it) or family tax benefit A or B that I receive? Would I still be eligible for these?
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Lucy Good
KeymasterA redundancy payment will be counted as income so will lessen CS, that depends on how much he earns also. The same for FTB, one of them (I think B) is income tested so that may decrease too.
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Lucy Good
KeymasterIt all depend on your annual earnings. If your redundancy covers your earnings for the rest of the financial year your payments would remain the same. It is all tallied at year-end I believe.
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Lucy Good
KeymasterUse the online calculator to work it out. Its super handy.
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Lucy Good
KeymasterYour redundancy payment won’t be treated as income when working out how much benefits you can get. It will be treated as capital. This means that the amount you get in redundancy payment will be added to any other savings you have.
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Lucy Good
KeymasterThat last piece of advice was UK related btw, not sure where you are.
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Lucy Good
KeymasterTake the time to phone both Child Support and Centrelink to the correct information you need to make an informed choice. The time spent doing it will be well worth it.
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Lucy Good
KeymasterBecause its redundancy is counted as income it will affect both CS and CL but it depends on amounts, children’s ages, exes earnings etc.
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Lucy Good
KeymasterIt will def affect payment one way or another
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