1.1.I.20 Income estimate
Definition
Child support assessments (1.1.C.70) are generally based on both parents’ (1.1.P.10) ATI from the last relevant financial year and the level of care (1.1.C.10) they provide for their children. If a parent’s income has reduced by 15% or more from the income used in their assessment, they can elect for their assessment to be based on an estimate of their current income. An income estimate is reconciled after the financial year with the parent’s actual income.