Announcement

Collapse
No announcement yet.

Annual disclosure

Collapse
This topic is closed.
X
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Annual disclosure

    Please advise me on following if any of you is familier with it.

    My final order re child support does not have disclosure clause (obtained at the end of 2010)

    "For as long as child support is to be paid, the payor and recipient, if applicable must provide updated income disclosure to the other party each year, within 30 days of the anniversary of this order, in accordance with section 24.1 of the Child Support Guidelines. ",

    However, it was on stamped temporay child support order that was obtained in mid of 2010.


    NOW
    I came to know that as of March 1, 2010, it is mandatory. SEE below quote:

    "
    The Ontario Child Support Guidelines require parties to child support orders or agreements to exchange support information annually . Serious financial consequences may arise for those who fail to comply.

    Effective March 1, 2010 all support orders in Ontario require annual updating of income. Specifically all orders contain the following cause:
    For as long as child support is to be paid, the payor and recipient, if applicable must provide updated income disclosure to the other party each year, within 30 days of the anniversary of this order, in accordance with section 24.1 of the Child Support Guidelines.

    Section 24.1 of the Child Support Guidelines specify that the tax return for the most recent year, including any materials included in the return such as T4 slips and the Notice of Assessment or Reassessment from CRA MUST be supplied to the other party each year. There is no doubt that payors who do not comply with this requirement will be liable for retroactive child support based on annual income increases."

    Ref for the above quote: Child Support Arrears Variation: Motion to Change Child Support // Solution to Your Support Payment and Family Responsibility Office (FRO) Problems<

    My question is
    1. Are we supposed to provide annual disclosure to each other as per above ontario guidelines, even if clause not stamped on my final order from court?.

    Just want to stay on top as I never missed mine until the final settlement, BUT never receive any??? BTW I am recipient.

    2. Do I have right to ask payor to provide me disclosure as per above guidelines?

    Thanks

  • #2
    Anybody, any idea on the below request as I am approaching close to end of first year since the settlement.

    Thanks

    Comment


    • #3
      Yes, you should provide him with your annual income information. And yes, you have a right to ask him for the same. The act specifies that both parents are required to disclose income yearly. The act is the law, so you are not breaking any rules by asking for his income disclosure. Do it in writing. If you communicate by email, write him an email. That way, you have proof that you asked for it and he didn't comply. Whether or not you get his income disclosure, always give him your annual income disclosure. This shows good faith on your part.

      Comment


      • #4
        Thank you so much! I will do that. I communicate only via email. Most of the time my emails are being ignored. Really sick and tired of such behaviour.

        Thanks again! Much appreciated.

        Comment


        • #5
          Child Support

          Hey Folks,

          As of Dec 331, 2011 Child Support guidelines change in Canada. For Ontario the guidelines have increased the amount of support based upon the same criterion as usual.
          You make more you pay more. Most people would not know this so I thought I should post. I am tired of my ex taking advantage of my good nature and not pressuring him on being in full compliance with Our divorce settlement to which he also signed and agreed to.

          So now I will enforce it all.
          Check the Province of Ontario site and it will lead you. The increase is acceptable as the cost of living sure has gone up so it costs more to care for a child. Mine does not pay anything other than support but that too shall change in the next couple of month. Enough is enough.

          Comment


          • #6
            You say the "increase is acceptable" since "the costs for caring for a child has increased". So, even though HE makes no more money than before, due to inflation (which I don't disagree with) he has to pay more.

            Tell me, do you really think only YOUR costs have increased ? I wasn't aware that child support payors are EXEMPT from inflation. You realize of course that EVERYONE"S cost has increased right ?

            How is that fair ? Due to inflation we ALL have higher costs but ONLY YOU get more money (which means he gets even less). I'm sure if you had your way the poor bastard would give you every penny he makes !

            Of course, EVERY PENNY you get from CS goes to the child right ? You NEVER spend any of that money on yourself ?

            Comment


            • #7
              Her claim that inflation is the key factor is not entirely correct. There are a bunch of factors. In some provinces, rates went down. Check out NS. I suspect it's due to the higher income tax rate in NS and the subsequent lower net income.

              Comment


              • #8
                My c/s amount actually decreased by about $16 using the new guidelines.

                Comment


                • #9
                  My bf's cs decreased by $20 using the new guidelines

                  Comment


                  • #10
                    Does anyone really disclose their financials after all the issues have been dealt with and a court order is in place? I have been divorced for 11 years from my first ex and we have never exchanged our financials. He pays his support on a regular basis (were not with FRO) and life goes on. To get the support changed if you are with FRO would require a new court order and going to court costs money if you can't get legal aid. I'm just happy he pays. Why rock the boat.

                    Comment


                    • #11
                      Fair enough, but you are in a situation whereby the NCP plays nicely. If the NCP was not paying, and telling you that s/he had no money, you'd likely be looking for income disclosure. Otherwise, life would go on with no financial support from the NCP.

                      Comment


                      • #12
                        Originally posted by michlyn View Post
                        Does anyone really disclose their financials after all the issues have been dealt with and a court order is in place? I have been divorced for 11 years from my first ex and we have never exchanged our financials. He pays his support on a regular basis (were not with FRO) and life goes on. To get the support changed if you are with FRO would require a new court order and going to court costs money if you can't get legal aid. I'm just happy he pays. Why rock the boat.
                        Sounds good but if his income has increased, isn't he at risk that you take him to court and get retro payments based on that?

                        You may say you are satisfied with what he has paid, but it's best not to trust your ex (meaning you in this case). Mine would change her mind and go after me if she figured out she could get more even if she had said nothing about it over the years or said that she would not - she can't be trusted to stick to her word.

                        So best to change payments yearly based on incomes.

                        Comment


                        • #13
                          take a look at the Support Information Exchange ( Home // Solution to Your Support Payment and Family Responsibility Office (FRO) Problems ) it has been recently recognized within the Ministry of the Attorney General as a useful tool for separated parents to evidence disclosure compliance. It is being introduced to the Family Law Information Centers and the on-site mediators in all 47 court locations across Ontario and has been circulated to the judiciary. There is no 1st year fee for the 1st parent to sign up

                          Comment


                          • #14
                            " If you communicate by email, write him an email. That way, you have proof that you asked for it and he didn't comply."

                            Where would the proof be? I've sent more than one person an e-mail and they never received them (and they weren't money-related).

                            Comment


                            • #15
                              I'm in the middle of an argument right now about financials disclosure. I have always given my "Notice of Assessment" and never the T4. Is this part of the new info for the Dec 31/11 changes?

                              Comment

                              Our Divorce Forums
                              Forums dedicated to helping people all across Canada get through the separation and divorce process, with discussions about legal issues, parenting issues, financial issues and more.
                              Working...
                              X