5,310
edits
Changes
→Incomes in excess of $150,000
Section 4 of the Guidelines deals with parents who earn more than $150,000 each year. Under this section, the income, or lack of income, of a parent's new partner may be taken into <span class="noglossary">account</span> in deciding whether the formula gives a fair result. The calculation of support owing by parents with incomes in excess of $150,000 is discussed in more detail in [[Exceptions to the Child Support Guidelines]].
Section 4(b)(ii) of the Guidelines says that when considering the amount payable above on top of the basic amount for a person whose annual income is $150,000, the court should apply the formula but take into <span class="noglossary">account</span>:
<blockquote><tt>... the condition, means, needs and other circumstances of the children who are entitled to support and the financial ability of each spouse to contribute to the support of the children ...</tt></blockquote>