Net or gross income for Parents and Grandparents Sponsorship

[Mjaber]

Hi guys,
Will the income requirement will be investigated on net or gross income?

 

[viru3030]

Hi guys,
Will the income requirement will be investigated on net or gross income?

As per the Website they require us to provide the NOA (Notice of Assessment) which is always the gross figure. Even when you look at T4 it is always on Gross income.

Hope this helps.

 

[Mjaber]

As per the Website they require us to provide the NOA (Notice of Assessment) which is always the gross figure. Even when you look at T4 it is always on Gross income.

Hope this helps.

Thanks for reply.. is it total gross income or taxable income as gross includes RRSP Contribution ?

 

[nayr69sg]

Thanks for reply.. is it total gross income or taxable income as gross includes RRSP Contribution ?

Line 150.

This is the income BEFORE you minus for RRSP contribution.

So not total taxable income. But Line 150. Gross income.

 

[Mjaber]

Thanks a lot for that