The guide says that if the most recent Notice of Assessment is not enough for the income cutoff, then to provide income information for the 12 months preceding the date of the application.
Let's say I apply on June 1, 2020, and I need $70,000 income for my application.
My 2019 Notice of Assessment has $50,000 income. I provide income i made for Jan 1, 2020 to June 1, 2020 in the amount of $20,000.
That would suffice for the income requirement?
Isn't that kind of cheating? The $50,000 for Notice of Assessment is for the whole year of 2019. So if i do this, i am sort of using my income over 12+6=18 months.
Let's say I apply on June 1, 2020, and I need $70,000 income for my application.
My 2019 Notice of Assessment has $50,000 income. I provide income i made for Jan 1, 2020 to June 1, 2020 in the amount of $20,000.
That would suffice for the income requirement?
Isn't that kind of cheating? The $50,000 for Notice of Assessment is for the whole year of 2019. So if i do this, i am sort of using my income over 12+6=18 months.