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Jenjoe28

Newbie
Dec 6, 2023
1
0
Hello,
Being an insurance broker with corporate life license, all my commissions goes to my corporation in Ontario. Sales commission from other province goes to my personal income.
I am sponsoring my parents and my personal NOA line 15000 fall short of the MIN income combined with my spouse. Is it possible to provide my corporate income as proof of income? Like my corporate tax assessment, T4A and business financial statements. Please advise . Thank you
 
Hello,
Being an insurance broker with corporate life license, all my commissions goes to my corporation in Ontario. Sales commission from other province goes to my personal income.
I am sponsoring my parents and my personal NOA line 15000 fall short of the MIN income combined with my spouse. Is it possible to provide my corporate income as proof of income? Like my corporate tax assessment, T4A and business financial statements. Please advise . Thank you

No. Not possible. Has to be your personal tax return.
 
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Hello,
Being an insurance broker with corporate life license, all my commissions goes to my corporation in Ontario. Sales commission from other province goes to my personal income.
I am sponsoring my parents and my personal NOA line 15000 fall short of the MIN income combined with my spouse. Is it possible to provide my corporate income as proof of income? Like my corporate tax assessment, T4A and business financial statements. Please advise . Thank you
Your corporate could pay you salary.

No, only personal income in NOA counts.
 
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Reactions: Jenjoe28 and scylla
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