Being made redundant can affect how you're assessed for child support and your ability to pay it, especially if you receive a redundancy payment.
Current tax year assessment
Your child support assessment for the current tax year will not automatically be affected by any redundancy payment received this year, but a departure through an administrative review or a court departure order may take a redundancy payment into account at any time.
In the normal course the redundancy income will be included in your tax assessment for the following tax year.
Next year's assessment
You may be able to estimate your income for next year so please call us on 0800 221 221 to discuss this after you've received your assessment.
If your income is going to drop
If both of these apply:
- you expect your income for the whole tax year to be at least 15% lower than the income you've been assessed on
- the income component of your assessment is not set by court order or child support administration review
Then you may be able to estimate your income to reduce your child support assessment.
If you have already estimated your income for the tax year, you may be able to re-estimate your income based on what you expect to earn.
Contact us to find out more about estimating your income.
Exemption from paying
If you have an exemption from paying child support, then you need to contact us to discuss if this still applies.
Making repayments on an overdue amount
If you're making repayments on an overdue amount, then you may be able to renegotiate the amount payable. Contact us to discuss your situation.
Administrative or Commissioner review
If you're paying child support based on an administrative or Commissioner review, then you may be able to apply for another review.
If you're paying based on a court order then you need to discuss your situation with the courts.