by Brent Shepheard | Apr 6, 2018 | Income Docs
PAY STUB DATED WITHIN 30 DAYS If you are employed and receive a T4, you need to provide a pay stub dated within 30 days of your offer to purchase or your application to renew your mortgage as part of your income confirmation. You will also need a letter of employment...
by Brent Shepheard | Apr 6, 2018 | Income Docs
WHAT IS A T1 GENERAL? A T1 General is your full tax return in Canada. It is the detailed return and is usually 25+ pages. WHY IS THIS NEEDED? T1 Generals are needed to confirm income in the following instances: Sole proprietor – confirm business income Self...
by Brent Shepheard | Feb 3, 2018 | Income Docs
WHAT IS A NOTICE OF ASSESSMENT? A notice of assessment (NOA) is an annual statement sent by the Canada Revenue Agency (CRA) to all taxpayers. It is only sent after you file your income taxes and acts as a confirmation that your income filed was accepted by CRA. Why Is...
by Brent Shepheard | Oct 7, 2017 | Income Docs
WHAT DOES MY LETTER OF EMPLOYMENT NEED TO SAY? In order to confirm your income and your work details, you will need to provide a letter of employment from your employer. The letter must state: 1. Be written on a company letterhead 2. State your job title, start date,...
