Child support can be managed between the parties in a number of ways. Some parents prefer to and are able to have very flexible and informal arrangements between them. Others prefer that their arrangements are managed via the Child Support Agencies – and other parents formalise their arrangements via a Private Agreement.
A private Agreement determines how the expenses which may not necessarily be covered or considered sufficient under a child support assessment, completed through the Child Support Agency, would be paid by each parent.
The first step is to determine how you, the parents, want to manage your child’s support. Irrespective of whether the Child Support Agency is managing the child support or if you have a private agreement in place, as a parent, it is your obligation to ensure that:
The Childsupport agency uses a formula which takes into consideration each parents circumstances to determine the amount of child support which is to be paid.
This formula takes into consideration the following:
After an application for a child support assessment has been made, the Child Support Agency will contact the maker of the application and discuss the options for collection.
It is important to note that the agency’s formula does not take into consideration an allowance for private school fees or health insurance premiums and or any additional payments made under a private agreement.
The Child Support (Assessment) Act 1989 sets out that there are two types of agreements which are taken into consideration or alter the amount of child support which is to be paid.
The considerations which are taken into account are:
It is important to understand what the act sets out when arranging a private agreement.
There are two types of Private Child Support Agreements:
Both agreements will formalise their child support arrangements. Both agreements are required to be signed by the parties and will need to be lodged with the Child Support Agency.
However, as both agreements are different it is important for you to carefully consider which child support agreement is right for you.
For more information or to discuss your situation, please contact the Brisbane family lawyers team at James Noble Law for a FREE 20-minute consultation today to schedule an appointment with one of our Qualified and experienced family lawyers Brisbane.
Call 07 2112 3947 or email team@jamesnoblelaw.com.au to book your free consultation.
Charles Noble is Director Principal at James Noble Law, a Brisbane family law firm he leads alongside his father, James Noble, one of Australia’s most senior and respected Accredited Family Law Specialists. A family law strategist and dispute resolution specialist, Charles favours mediation, collaborative law and negotiated settlements over unnecessary conflict, and is known by clients as calm under pressure, straightforward and thorough.
Find Brisbane family lawyers on Google Maps near you.
