What financial support has to be provided for the children?
Child Support is paid to the resident parent by the other parent. An administrative assessment is usually obtained from the Child Support Agency, and is based on the payer’s taxable income. See the Child Support Agency Site for more details on how the formula works. A basic calculation of what you would receive/what you would pay can be obtained by using the Basic Child Support Calculator on the Agency web site. See our Client Notes for more information, and also the Child Support Agency Website. In practical terms, parents often make their own financial arrangements, particularly when private school expenses have to be covered. It is very common for parties not to rely on the administrative assessment and to enter into a Child Support Agreement. An example of the “pro forma” agreement can be obtained from the Child Support Agency Website. You are urged to obtain legal advice before committing yourself to such an agreement.