For Credit Assessment, self-employed customers are now only required to submit:
- That your customer has had an established ABN for a minimum of 2 years
- 1 year tax returns (most recent) and Notice of Assessment for individuals (sole traders, directors or partners)
- 1 year tax return (most recent) for business entities (company, partnership trust)
If your customer meets servicing with the 1-year tax return and Notice Of Assessment, AMP won’t require any other financial statements.
Find out more here.