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Q: 2 kids, support payments 20% of what?

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mnstr
Posted by
Premium Member

18 Mar 09 #100028 by mnstr

Topic started by mnstr

I receive a salary of approx 45k and a monthly car allowance of approx £500 per month as a seperate line on my payslip. No other sources of income.

Have 2 kids. Am i liable to pay 20% of my total net income, or just my net salary, as the car allowance is a taxable company benefit i require to perform my job?

dukey
Moderator

18 Mar 09 #100032 by dukey

Reply from dukey

Hello

You should pay 20% of net income after NI and pension contributions, presumably the car allowance is used up runing the car any not used will count as income.

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