Financial Verification for IT Contractor

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Hi there,

My wife is sponsoring her father but doesn't have enough income, so I am a co-signer on the application. However, the problem is that I work as an IT contractor, my company is incorporated. I have the T4s, the Option-C for last year, however, what I am confused about is whether I am considered self-employed or considered salaried? Can I just have my accountant prepare a "Statement of Business Activities" for the Jan 1, 2010 to July 19, 2010 period? Or should I draft a letter stating how much salary I earn from my own corporation? It would look funny writing a letter for myself, as I am the only owner/employee there.

Please let me know, thanks.

Edited by dazealex - 19 Jul 2010 at 2:53pm

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dazealex Members Profile Send Private Message Find Members Posts Add to Buddy List New Member Joined: 19 Jul 2010 Status: Offline Points: 1	Post Options Post Reply Quote dazealex Report Post Thanks(0) Quote Reply Topic: Financial Verification for IT Contractor Posted: 19 Jul 2010 at 2:52pm
	Hi there, My wife is sponsoring her father but doesn't have enough income, so I am a co-signer on the application. However, the problem is that I work as an IT contractor, my company is incorporated. I have the T4s, the Option-C for last year, however, what I am confused about is whether I am considered self-employed or considered salaried? Can I just have my accountant prepare a "Statement of Business Activities" for the Jan 1, 2010 to July 19, 2010 period? Or should I draft a letter stating how much salary I earn from my own corporation? It would look funny writing a letter for myself, as I am the only owner/employee there. Please let me know, thanks. Edited by dazealex - 19 Jul 2010 at 2:53pm

Harmonia Members Profile Send Private Message Find Members Posts Add to Buddy List Senior Member Joined: 03 Dec 2009 Status: Offline Points: 609	Post Options Post Reply Quote Harmonia Report Post Thanks(0) Quote Reply Posted: 20 Jul 2010 at 10:15am
	Give them what you have. Your T4's, and Option-C, as well as your company's most recent corporate tax return. Write them a cover letter stating that you own the company, how long you have been established, and indicate your average annual salary.
	Citizenship App Sent: December 2012