In Turpin v Clark the BC Court of Appeal partially allowed a husband’s appeal from a BC spousal support judgment allowing the wife’s upward quantum variation to comply with the Spousal Support Advisory Guidelines of a Consent step down BC spousal support Order.
HIGH INCOME BC SPOUSAL SUPPORT AND CHILD SUPPORT GUIDELINES CALCULATION AND GROSS UP FOR LOWER TAXES
BC spousal support and child support awards start with a proper calculation of the BC paying spouses spousal and child support guideline income which can be taken from tax returns, financial statements showing pre- tax corporate earnings and in cases of foreign income a figure that may be grossed up to reflect a Canadian equivalent income for exchange rate differences and to take into account the income may be received on a tax free basis or on a reduced tax basis compared to the prevailing rates in Canada. Income will often also include bonuses, severance pay and overtime.
BC FAMILY LAW ANNOUNCES FREE BC DIVORCE AND SEPARATION QUESTION AND ANSWER FORUM ON MACLEAN FAMILY LAW GROUP’S FACEBOOK PAGE
Please feel free to post your BC divorce and British Columbia separation questions on BC Child custody, BC access, BC Spousal support, and BC family assets on our MacLean Family Law Group facebook page