The applicant sought to vary his child support obligations, arguing for a reduction based on his corporate income and losses.
The respondent sought to increase the applicant's income by adding back various corporate deductions and imputing hypothetical interest and tip income.
The court largely rejected the respondent's proposed additions for automotive expenses, amortization, non-arm's length salary, and hypothetical interest, finding the forensic accountant's testimony problematic.
However, the court agreed to add back child support improperly deducted as a company expense and grossed-up tip income.
The court calculated the applicant's income for child support purposes for several periods, resulting in adjusted monthly payments, and maintained the 50/50 split for Section 7 expenses as per the original agreement.