I have a question that just came up which may be moot due to FRO but thought Id ask all the same...
Partner had an interview for a position that requires travel for which the company pays expenses (mileage, hotel, food). This goes on his T4 as a taxable benefit yes? So that goes in to line 150. Hes worried how this impacts his cs.
I dont think its an issue for a couple of reasons. First, if he gets the job, the income wont bump up his taxes until 2016 since hes spent half the year on EI. Second, the ex registered with FRO so hes obligated to tell her his new income when he starts, the expected cs amounts via table, and she has to go from there. Taxes dont have any factor now since he has to tell her if his income changes (the lawyer told us this because of law regarding arrears) and they work through the FRO process. Finally, the only way cs can increase (or decrease) from this point forward is via court order or an agreement between parties through FRO. So if its a massive increase because of having his expenses paid, he can argue via the motion.
Anyone else in this situation? We'll probably ask the lawyer about it if we go back in August to get his help calculating university portions. Just thought Id see if anyone else is going through this.
Partner had an interview for a position that requires travel for which the company pays expenses (mileage, hotel, food). This goes on his T4 as a taxable benefit yes? So that goes in to line 150. Hes worried how this impacts his cs.
I dont think its an issue for a couple of reasons. First, if he gets the job, the income wont bump up his taxes until 2016 since hes spent half the year on EI. Second, the ex registered with FRO so hes obligated to tell her his new income when he starts, the expected cs amounts via table, and she has to go from there. Taxes dont have any factor now since he has to tell her if his income changes (the lawyer told us this because of law regarding arrears) and they work through the FRO process. Finally, the only way cs can increase (or decrease) from this point forward is via court order or an agreement between parties through FRO. So if its a massive increase because of having his expenses paid, he can argue via the motion.
Anyone else in this situation? We'll probably ask the lawyer about it if we go back in August to get his help calculating university portions. Just thought Id see if anyone else is going through this.
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