1.1.C.200 Cost percentage
Definition
The cost percentage is used by the child support formula (1.1.C.110) to determine how much of the costs of a child, a parent (1.1.P.10) or non-parent carer is meeting through care.
A cost percentage is calculated for each child in an assessment (because the care arrangement for each child must be recognised). The cost percentage is used to calculate the child support percentage (1.1.C.140).
The cost percentage is determined according to the person's percentage of care (1.1.P.70) for a child, using the cost percentage table.
Percentage of care | Cost percentage |
---|---|
0 to less than 14% | Nil |
14% to less than 35% | 24% |
35% to less than 48% | 25% plus 2% for each percentage point over 35% |
48% to 52% | 50% |
More than 52% to 65% | 51% plus 2% for each percentage point over 53% |
More than 65% to 86% | 76% |
More than 86% to 100% | 100% |
Example:
- A percentage of care of 11% equates to a cost percentage of 0%.
- A percentage of care of 19% equates to a cost percentage of 24%.
- A percentage of care of 40% equates to a cost percentage of 35%.
- A percentage of care of 50% equates to a cost percentage of 50%.
- A percentage of care of 60% equates to a cost percentage of 65%.
- A percentage of care of 81% equates to a cost percentage of 76%.
- A percentage of care of 88% equates to a cost percentage of 100%.