Kim and Lee have just separated and their two children aged three and five live with Lee. Kim has no other children. In 2007-08 Kim earned $36,000 and Lee earned $15,000.
Lee's income is below the disregarded amount ($45,505) so it does not affect the assessment.
Note: As Kim has no other children the applicable exempt income is 110 per cent of the single pension rate.
The figures used in this example are those for assessments starting in 2008.
| Kim's 2006-07 income | $36,000.00 |
| Less exempt income 110% single pension | - $15,378 |
| Kim's adjusted income | = $20,622.00 |
| There are two children so Kim's child support percentage is 27 per cent Multiplying Kim's adjusted income by the child support percentage: |
x 27% |
| Annual child support payable | = $5,568 |
| To get a daily rate | $5,568 |
| Average year is 365.25 days This figure is taken to 5 decimal points |
รท 365.25 |
| Daily child support payable | = $15.24435 |
| To get a monthly rate | $15.24435 |
| Average month is 30.4375 days | x 30.4375 |
| Monthly child support payable | = $463.99 |
