0 the amount of money that is considered when calculating tax payments --
As housing costs are taken into account pound for pound in the calculation of assessable income, his maintenance bill will lower.
Any interest and dividends received from other capital are taken into account in the calculation of assessable income.
The remaining income is the assessable income; such income of both parents will be taken into account.
An absent parent will be expected to pay one half of his assessable income in maintenance until the maintenance requirement is fully met.
I think the cost of education should be deducted from the assessable income.
The notification gives details as to how maintenance has been calculated, including details of the assessable income of both parents.
Assessable income is income available for child maintenance.
A lower deduction rate of 25p in the pound applies to the balance of any assessable income remaining after the maintenance requirement is met.
