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Income requirements to Sponsor Parents & Grandparents

Income requirements to Sponsor Parents & Grandparents

How much income do I need to sponsor my Parents & Grandparents for PR in Year 2022 (LICO 2019 to 2021) You, the sponsor (and your co-signer, if you have one) must prove you have enough income to support all the people you’ll be financially responsible for once you become a sponsor. This includes you….

CRA to expand EFT audits in 2017, PwC warns

CRA to expand EFT audits in 2017, PwC warns

The next two years will see an expansion of the Canada Revenue Agency’s efforts to review international funds transfers (EFTs), which means many taxpayers can expect to see an “EFT Letter” next year, according to a recent PricewaterhouseCoopers LLP (PwC) Tax Insights brief. The CRA initiative builds on efforts by the agency that since the…

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