Difference between revisions of "The Spousal Support Advisory Guidelines"

Jump to navigation Jump to search

The Spousal Support Advisory Guidelines (view source)

Revision as of 23:13, 16 July 2019

4 bytes removed ,  23:13, 16 July 2019
→‎The Without Child Support formula
Line 150: Line 150:


'''Amount:''' The ''amount'' of support is 1.5 to 2 percent of the difference between the parties' gross incomes for each year of marriage.
'''Amount:''' The ''amount'' of support is 1.5 to 2 percent of the difference between the parties' gross incomes for each year of marriage.
<blockquote>'''Example:''' Say a relationship is 10 years long, and Party A has a gross income of $50,000 and Party B has an income of $20,000. The difference between the parties' incomes is $30,000. Party B would have a share in the difference of 15 to 20 percent (1.5 times 10 and 2 times 10), or between $4,500 and $6,000 per year. On a monthly basis, support would be paid at $375 to $500.</blockquote>
<blockquote>''Example:'' Say a relationship is 10 years long, and Party A has a gross income of $50,000 and Party B has an income of $20,000. The difference between the parties' incomes is $30,000. Party B would have a share in the difference of 15 to 20 percent (1.5 times 10 and 2 times 10), or between $4,500 and $6,000 per year. On a monthly basis, support would be paid at $375 to $500.</blockquote>


'''duration:''' The ''length of time'' support will be paid is 0.5 to 1 year for each year of the relationship. If a couple have been together for more than 20 years, or if the age of the dependant party plus the number of years of the relationship equals 65, support will be paid indefinitely.
'''Duration:''' The ''length of time'' support will be paid is 0.5 to 1 year for each year of the relationship. If a couple have been together for more than 20 years, or if the age of the dependant party plus the number of years of the relationship equals 65, support will be paid indefinitely.
<blockquote>'''Example:''' Using the same example, support would be payable for 5 to 10 years (0.5 times 10 and 1 times 10). If, however, the dependent party was 55 at the time of separation, support would be paid indefinitely (55 years of age plus 10 years equals 65).</blockquote>
<blockquote>''Example:'' Using the same example, support would be payable for 5 to 10 years (0.5 times 10 and 1 times 10). If, however, the dependent party was 55 at the time of separation, support would be paid indefinitely (55 years of age plus 10 years equals 65).</blockquote>


The maximum amount payable under the Without Child Support Formula ranges from 37.5% of the difference between the parties' gross incomes to 50% of the difference between the parties' net incomes (calculated after taxes and benefits).
The maximum amount payable under the Without Child Support Formula ranges from 37.5% of the difference between the parties' gross incomes to 50% of the difference between the parties' net incomes (calculated after taxes and benefits).
Retrieved from "https://wiki.clicklaw.bc.ca/index.php?title=Special:MobileDiff/44415"

Navigation menu