Toronto Child Support Lawyer – Here to Help
Child support is the financial support that parents must pay either by way of agreement or Court order. Child support is the right of the child and not the parents. Both parents are legally responsible for supporting their children. Child support is mean to pay for your child’s health care, education, housing, food and activities. Regardless of where the child is living, the child should share the parents’ same standard of living. You are required by law to pay and receive the correct amount of child support, which is based on a table. In addition to the table amount, there are often section 7 or special and extraordinary expenses to consider.
Child support is based on the gross income of the parent and this is not necessarily your income on your tax returns. If your child lives with his or her other parent 60% of the time, child support is paid to the parent. If each parent has the child 40% of more, then each of you will have child support calculated and with the higher income parent offsetting the amount from the lower income parent.