09 Mar 2015

A question about : CSA Calculations for a landlord Father

I am not yet separated, but can possibly see it going thatway shortly.

I want to make sure I am straight from the off.

I have some of my income come via PAYE via a Ltd co and someof it via personally held BTL properties.

Am I correct in thinking that I need to include the weeklygross rent as income, or am I to deduct expenses, like mortgage payments? (as Iwould with my tax return?)

Any help appreciated

Best answers:

  • It's your taxable earnings, so whatever u declare to mr taxman, usually this excludes the interest on the mortgage
  • The CSA now use your P60 (or tax return info) to determine a CM Assessment. So your gross earnings is what they look at for the year and they will then deduct a % (its 12% for one child).
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