I do not think you can hide or shift a bonus as it is considered income and your employer will end up having to show it on your T4. So if you get a huge bonus one year and nothing or very little the year after ..in other words if it is sporadic....two options would be to have your employer keep record of the bonus amounts it owes you and break them up so that they are more evenly disbursed. The other thing you can do is do what section 17 of the Federal Child Support Guidelines sets out and I will paste it here:
- 17. (1) If the court is of the opinion that the determination of a spouse’s annual income under section 16 would not be the fairest determination of that income, the court may have regard to the spouse’s income over the last three years and determine an amount that is fair and reasonable in light of any pattern of income, fluctuation in income or receipt of a non-recurring amount during those years.
- Marginal note:Non-recurring losses
(2) Where a spouse has incurred a non-recurring capital or business investment loss, the court may, if it is of the opinion that the determination of the spouse’s annual income under section 16 would not provide the fairest determination of the annual income, choose not to apply sections 6 and 7 of Schedule III, and adjust the amount of the loss, including related expenses and carrying charges and interest expenses, to arrive at such amount as the court considers appropriate.
- SOR/2000-337, s. 4.
I interpret this to mean that if your income is quite a bit higher one year and that increase is more a one time thing and you expect that your income will fall back to the normal amounts going forward ...in other words you just got a rather large bonus due to an exceptional year your employer had than you can file for a three year average to base your CS on that figure instead. Your CS will still go up but not as spiked as it would have the year after your huge bonus. I would imagine that a year or maybe two after that one year with the large bonus , and assuming there are no subsequent large bonus's, that you can use the next 2 - 3 years again average to get the CS back down to the pint before the year with the large bonus.
Dear members....do you think I have interpreted this correctly? I am no expert after all...lol
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