AMP Bank reduced documentation requirements 

For Credit Assessment, self-employed customers are now only required to submit:

  1. That your customer has had an established ABN for a minimum of 2 years
  2. 1 year tax returns (most recent) and Notice of Assessment for individuals (sole traders, directors or partners)
  3. 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.