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Parents Sponsorship

jas11

Full Member
Oct 8, 2015
20
1
Hi,

Does anyone know if in the income requirements, is it only the personal income that is counted or my business income can also be included to meet the requirements?
 

canuck_in_uk

VIP Member
May 4, 2012
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Hi,

Does anyone know if in the income requirements, is it only the personal income that is counted or my business income can also be included to meet the requirements?
Line 150 of your return.
 

jas11

Full Member
Oct 8, 2015
20
1
In business income there is no line 150 - it is only in my personal Notice of Assessment
 

scylla

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Jun 8, 2010
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canuck78

VIP Member
Jun 18, 2017
40,802
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Business owners have to plan in advance because they pay themselves the minimum amount required to save on taxes. That hurts them when applying for PGP. Would wait and see what the actual application process is for this year before you start worrying.