She’s been working for Smith Family Printing Pty Ltd for only four months and as such there has been no group certificate issued. Please call us on 1300 889 743 or enquire online to speak to one of our experienced brokers. In addition to this, the lender may also ask for an employment verification letter in order to demonstrate that the borrower has a steady source of income. Share. Contain the name of the person who the letter is about, including their company (if applicable). address 40+ Income Verification Letter Samples (+Proof of Income Letters) At one point or another, you may find the need for an income verification letter. Recognised Professions for Accounting Officers. Lastly, use the appropriate complimentary close and affix you or the signing authority of the company’s signature along with the corresponding name and position/designation of the signatory directly below the signature. We get a complete understanding of where you’re at and what your ultimate goals are. interest rate (2.94% p.a. This is a one off event and is unlikely to occur again. He has chosen to distribute income from the trust to his mother and his sister to reduce his taxable income. The PPE was written on Wednesday, 20 November 2013 and of the 2768 candidates who wrote, 2150 passed, resulting in a pass rate of 78% (76% in 2012). Letter to previous advisor You will also need to get a letter from your client confirming the instruction, and requesting full disclosure from the previous advisor. Find out why lenders require it & how you can get one before settlement. This is required when the bank hasn’t seen financial statements or tax returns for the business. You will need financial statement for filling of your annual tax returns with the South African Revenue Services, they are also a must have if you intend to raise capital from banks and investors. An income verification is an important document because it helps provide a full picture of the borrower’s capacity to pay the loan or debt. Meaning they base how much the borrower should pay and how often the pay for the loan will be collected with the help of the income verification letter. Not only that, it also provides additional proof of the borrower’s identity and credibility as a candidate for a loan or rental. Home Loan Types Which type of home loan product best suits your needs? In order to open a new bank account I am required to provide a letter confirming the shareholding of the company. ? Or it's better to submit all of the mentioned above? Now, © 2021 The Trustee for the Dargan Financial Discretionary Trust | Australian Credit Licence: Sometimes the bank needs more than your payslips and tax returns to prove your income. An income verification letter also gives the lender an idea of what type of payer the borrower will be. Use this template and statutory declaration sample to get your home loan approved. An income verification is an important document because it helps provide a full picture of the borrower’s capacity to pay the loan or debt. Are you applying for a mortgage while on maternity leave? hi, i need a letter from accountant to confirm my company accounts p l, balance sheet As my accoutant is too busy and lazy as well, i have to prepare the letter , where he will do some modifications and check figs before signing.. so any one can prov.. This benefit is paid at a flat rate of R 3 500 per employee irrespective of income for the duration of the lockdown or three month period ... a letter from the employer confirming company shutdown is due to COVID-19. He is paid an hourly contract rate and has no major expenses such as staff, tools or rent that other types of businesses may incur. You can also use income verification templates available online and just tweak and edit it to fit your company’s standard. The South African Accountant Directory - Accountants | Tax Practitioners | Auditors | Bookkeepers | Accounting firms. BASIC CONSIDERATIONS – Income Statement level ... Companies Act of South Africa (Act 71 of 2008) ... Accountants (SAICA), primarily to provide guidance to SAICA members and associates on how to review Annual Financial Statements effectively. Find out how to apply if you're eligible for the FHOG. The #1 Professional Body for accountants and finance executives in Africa Join. It is prepared by the accounting department of the company that you work for. We confirm that to the best of our knowledge Smith Family Printing Pty Ltd is no longer trading and has no liabilities of significance. After that, you can state your or the company’s willingness for future correspondence should the bank or lending company need other information regarding the employee. Other times, your financials don’t accurately reflect your yearly earnings, particularly if you’ve purposely reduced your income for tax purposes. This letter although holds authority, is somehow formatted like an informal letter. Check out the family job home loan page for more information. Direct deposit statements show the amount of transactions in which you were paid for by your employers be it through freelancing or online jobs. You may also check out complaint letter examples. A simple, easy to understand guide on the First Home Owners Grant (FHOG) for Victoria. You may also like notice letter examples. NSW 2138, help Enquire Contain details of any industry memberships / CPA qualifications. A comfort letter is a document of assurance issued by a parent company or an accounting firm Big Four Accounting Firms The Big Four accounting firms refer to Deloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Young. Should you have any queries please call the SARS Contact Centre on 0800 00 SARS (7277). To make life easier for you, this page contains letter templates that your accountant can use when your bank asks you to provide evidence of your income. You may also like email cover letter examples. Banks will normally accept a disclaimer being added to the bottom of the letter. We aim to set an example by delivering what we promise: a higher level of service, better advice and better home loans. PO Box 3726 Rhodes Suite 207, 3 Rider Boulevard I have all my accounts in order (income/expenditure). It is a record of the company’s employees’ salaries and wages, bonuses, and withheld taxes. We confirm that John Smith is the sole director and shareholder of the trustee company and also the appointer for his discretionary trust. 383528, Discover more reasons to use Home Loan Experts, Enquire Accountant letter template. Our relationships with our panel of lenders allow us to negotiate your interest rate. You may also see application letter examples & samples. Letter templates for self-employed, contractors and business owners. I am not aware of any factors which may affect the Borrower’s ability to make the repayments or which may cause substantial hardship to the Borrower to make repayments. Dear Mr. Dolan, This letter is to verify that Seneca Williams has been employed at GMC Associates for the past three years in our Accounting Department. The wording of the disclaimer can be however the accountant sees fit. Re: John Smith & Smith Family Printing Pty Ltd. We confirm the following details regarding John Smith and his company Smith Family Printing Pty Ltd: This information is true to the best of our knowledge and has been confirmed from independent enquiries with our customer and our own records. The next paragraph of the letter is used for the other necessary information. Unlike in a formal letter, in this letter you can just use a general salutation such as “To Who It May Concern” followed by a colon (:). If you need the services of a mortgage broker to help get your loan approved then why not talk to us at the Home Loan Experts? Provided below are a few other examples of probable and legitimate proof of income: When you are currently employed, your employer may provide a breakdown of your salary in a pay stub, also known as a payslip or paycheck stub. It helps the lending company take a good consideration on the application of the borrower since a proof for his/her capacity to pay the loan is proven to be true. A broker can ensure that the loan offer documents are accurate and whether further evidence is needed. This letter is usually prepared by the HR department of your company since they have the access to your service records. It provides assurance to the lender that the borrower has a steady and legitimate source of income he/she can pay the debt with. Some lenders may require you to submit a letter stating that you are in fact working for the company. Although John’s business has only been trading for one year, it has already generated a substantial income and has a loyal customer base. Easily quote, sign, ... an experience that has made her realize that the accounting world is a fast-tracked environment that needs … Complete our free assessment form or call us. The letter should be signed by the official signing authority of your company in order to make relevance and authenticate its legitimacy. 200 Portland, ME 04101. It is a form given by the employer to an employee and the Internal Revenue Service (IRS) at the end of the year. To register a South African Close Corporation (CC) visit www.saclosecorporations.com . I have searched online and can't find any examples at all. Are you a first home buyer using a gifted deposit? Based on enquiries with the director and recently lodged BAS, it would be reasonable to expect the income from John’s business in the next financial year to be equal to or better than that in the most recent 2009/2010 financial year. “ ...offered fast service and made the whole refinance process simple. This sample letter is used when the bank requires a letter confirming that a business is trading at a profit. Do you need a valuation of a property? If you’re having trouble drafting a suitable accountant letter, please call us on 1300 889 743 or enquire online for assistance. He has full control of the current and future distribution of income from the trust. Prove your payment history by using this home loan repayment letter template. Here’s what you'll need to provide your mortgage broker. We confirm that to the best of our knowledge John Smith is using the proposed loan from ABC Bank to invest in shares. Now. John Dolan Senior Vice President Dolan Industries, Inc. 43 Oak Street, 2 nd Floor Portland, ME 04101. What is a Comfort Letter? Engagement letters. And I love simple! As mentioned earlier, an income verification letter provide evidence of your capacity to pay a loan or rent an apartment as the borrower. Should an employee apply for a credit card, financial loan, rent an apartment or trying to buy a house, a proof for their income may be required. Some lenders, for example Rams Home Loans, La Trobe Financial, Pepper Home Loans or MKM Capital, have their own low doc loan accountant letter template for you to use. We confirm that Smith Family Printing Pty Ltd is the same business that was previously using John Smith’s sole trader ABN. For this reason, it would be appropriate to use the 2009/2010 financial years income to assess John’s ability to service a new loan. An income verification letter is an important document when it comes to providing proof and confirmation on the borrower’s legibility to be granted a loan. Honours were awarded to twelve candidates who achieved a pass is gross profit after expenses and before income tax, is considered to be in line with previous financial year’s income level. Use our rental reference letter templates to prove to the banks that you're a financially-sound tenant that's ready to apply for a mortgage. to what happens almost everywhere else....”, “ ...He was able to quickly and with minimal fuss, find us a loan at a good rate when others told us it would be too hard. Check out the low doc loan page for more information. Find out how to apply for your grant, what documents you need to provide & avoid the common mistakes. Paying off your home loan? Not sure what to do with your home loan agreement? Our client’s net income declared by our client to the Inland Revenue as at 5 April 20.. amounted to £… [To be adapted as appropriate for borrowers who are not individuals]. Based on recently lodged BAS and independent inquiries with the director, it would appear that this level of income is likely to continue or increase. This paper may mostly contains the following: the period to which the pay slip relates, the gross amount and net amount of the payment, any amount paid that is an incentive-based payment, bonus, monetary allowance, deductions for absences and contributions, etc. We confirm that her income is $40,000 p.a. Resources Essential tools and tips on everything from buying to investing in property. Get fixed rates as low as 1.89% p.a. Aside from an income verification letter, banks or lending companies may require other proof of income. If you have any further queries please do not hesitate to contact me on 02 0000 0000. Kind of support: End of year account, Tax, Other Description of support work: Hello, I am looking for an accountant to write me a "Letter Confirming Proof of Self Employment". The First Home Owners Grant Western Australia is a one-off payment to help first home owners manage the costs of buying a home. With two consecutive payslips, the bank can see a breakdown of your pay and evidence of consistent income. It is provided by the current or former employer of the borrower as a response to a request from a potential employer, government agency, bank or various lending agencies. It should state the intent to terminate the accountant’s services effective immediately upon receipt of the letter. Find out exactly which supporting documents lenders require when assessing your mortgage application. Some lending companies, use the letter to allow them to adjust they pay and schedule of payment based on the stated income in the letter. First home buyers in South Australia may be eligible for a $15,000 grant. For more information, please refer to our low doc loan with an accountant’s letter page. The letter will be used as proof that you have a source of income and capabilities to repay the loan. It is direct to the point and doesn’t come off as conversational. This can be used as proof of income as it provides pertinent information abut your employer as well as how much your net income is for a given pay period. Therefore, it reflects the amount the company pays you for a certain period. South Africa. A tax return is form given by the authorities in the IRS which states the income, expenses, and other pertinent tax information of an individual. Check out this word doc for a full example template. Has your bank asked for a stat dec for your mortgage application? Remember to have your ID number or income tax Johnston Accounting Pty Ltd. Hi, I am looking for an accountant to write me a template for a "Letter Confirming Proof of Income" that show's an annual income of £100k. Letter from accountant confirming income details – Format Post by nvspradeep » Sat Nov 05, 2011 10:58 am This is for contractors operating through their own limited companies. The letterhead can contain the company’s official logo along with the company name, address and contact information. The client is involved in the IT consulting industry. Due to privacy legislation, many accountants won’t talk to the bank directly or to your mortgage broker, so you’ll have to request your accountant to write a letter for the bank. Find out how you can get a free bank value of a house or land before you apply for a mortgage. Auditor/Accounting Officer Signature Auditor/Accounting Officer Name Professional designation (if applicable) Registered Auditor (if applicable) NOTES 1) VALUE-ADDING SUPPLIER - CALCULATE THE NET PROFIT + LABOUR COST, IF GREATER THAN 25% OF ANNUAL TURNOVER THEN ENTITY IS A VALUE ADDED SUPPLIER. This document helps verifies and confirms the borrower’s capacity to pay on time regardless of the mode or process of payment the lender and the borrower agree to follow. You can ask your accountant to use this sample letter from accountant confirming income as a template. This is also a credible proof of income since it can only come from the accounting department of the company you work for. We will find you the most suitable home loan deals. Are you refinancing your loan from a lender that does not provide statements? The profit generated by Smith Family Printing Pty Ltd has significantly increased between the 2008/2009 and 2009/2010 financial years. Does anyone have a sample letter/ template I could use? However, in terms of the Tax Administration Act the South African Revenue Service reserves the right to conduct further reviews in future if required. See full accountant profiles. How to Write a Letter for Proof of Income. Candidates who attempted the PPE for the first time achieved a pass rate of 82% (82% in 2012). You can provide this maternity leave letter template for your employer to fill in. Words in yellow should be replaced as appropriate by the Accounting Officer. We confirm that Anna Smith is employed by Smith Family Printing Pty Ltd which is owned by her father John Smith. Sample Accountant Letters Confirming Specified Information1 It is acceptable for professional accountants to provide letters that addresses specified matters. We look at all the options from our panel of lenders. It should be sent by certified mail, to ensure a record of receipt. Our situation is quite a difficult one and this is our first time buying a home, but nothing was too difficult....”, “ ...provided an excellent service that included very quick turnaround in getting our applications processed and providing guidance and valuable advice in trying to secure a home loan for us.....”, “ ...made the application and settlement process incredibly easy and stress-free. We confirm that John Smith was previously employed as an IT consultant for 10 years before starting his own business in the same industry. You may also see professional letter format examples. Avoid getting your loan application declined! Some banks and lending companies may ask you to show proof of income if you qualify for Social Security payments, or have other income during retirement. Call us or enquire online. Morning all My client pays someone whose accountant has sent a letter confirming that the employee's entity (a CC) does not earn more than 80% of income from 1 source, and therefore no PAYE should be deducted by my client from the payment for work performed. as shown on her payslips. Cashing out to invest in shares may require a letter from a financial planner or accountant confirming the loan purpose. A payroll is basically a document listing all the names of its employees with the corresponding amount of money they should be paid. Find out how to apply. And that continued with every contact, in fact I'd say it got better, which is counter I have also checked with my accountant but apparently they don't have anything that I can use? Find out what they need & how to get approved! We confirm that John Smith is operating as a sole trader that contracts to an IT business. Mortgage discharge forms for all lenders including ANZ, BankWest, CBA, NAB, St George & Westpac. you might be interested in job application letter examples. Below, we have included text that you may need for the most common accountant letters. I know the Borrower’s income and expenditure and, based on that knowledge and my understanding of the Borrower’s financial position, I am of the opinion that the Borrower is able to repay the loan in accordance with its term and can do so without substantial hardship. location In addition, it helps the lender make a final decision basing solely on the formal letter and its legibility. This will tell the lender that you have sufficient funds to pay the loan you have applied for. As a closing statement, mention and testify to the correctness of the information stated in your letter. Use these gift letter templates provided by the banks to prove the source of your deposit. I only require the correct text and figures that will go in this letter to be used as a supporting document for an already approved finance agreement. A letter from accountant confirming income will help clarify these issues and can often allow lenders to bend their guidelines to accept home loans that they would otherwise decline. After that, you can then directly proceed on the actual content of the letter. The introduction of your letter can start with a statement saying that you, as the confirming authority of the company, certify that the individual concern is employed in the company. Accountants may not be regulated in all states but CPAs are. Here is a sample of a letter to change accountants. September 1, 2019. Thank you for getting me a great deal with a home loan that really suited my needs....”, “ ...absolutely outstanding!!!! John has been self employed in this business for over 6 years. Our template is accepted by the banks. You may also see reference letter examples. This is your ultimate guide to FHOG in SA. I am registered with HMRC and have a Unique Tax Code and confirmation of National Insurance contributions. You bank statement should also show that your receive a certain amount of money from the social security services of your country for example the U.S. Social Security Administration. Words in blue should be read and understood by the Accounting Officer, and then be taken out. If you’re using a Home Loan Experts broker to arrange your loan, call us on 1300 889 743 or enquire online for assistance with your letter. It would be appropriate to add back this expense when calculating the customer’s ability to service a new loan. For example, if one person applies for a loan in a bank, the bank must have surety that the person has some source so that the person can return the borrowed money on time to the bank. [Income / profits for previous years and identification of those agreed with the Inland Revenue may be added]. This is your ultimate guide to FHOG in NT. We receive hundreds of love letters from our customers. Rhodes NSW 2138, markunread_mailboxMailing Tax documents such as a W-2 form can also be credible proof of your income. They provided very clear information and responded to any queries quickly. has in the last decade seen a big rise in the number of self-employed people, but why exactly is it so difficult for them to obtain bond finance?. Find out how to apply. All they need to do is copy it onto their letterhead, amend the details, print, sign and fax to us, your mortgage broker. For this reason, it would be reasonable to assess these two entities as the same business when assessing John Smith’s ability to service a new loan. The documents required to process your mortgage application vary depending on the type of loan. You might be interested in business proposal letter examples. We always try to discuss your situation with the lender’s credit manager to try to avoid wasting your accountant’s time by requesting a letter. Shawna Easton Director of Accounting GMC Associates 17 Chestnut Street, Ste. Some accountants are unwilling to write a letter confirming the particulars of your situation. The wording I use is: "Enclosed is a copy of a letter from 'name of client' requesting we act as accountants. THIS LETTER MUST BE AN ORIGINAL – NO FAXES, SCANNED COPIES OR PHOTOCOPIES CAN BE ACCEPTED. Therefore, a simple document holds a huge responsibility in confirming your application for loan or renting an apartment in the future. Non Internet Up-to-Date Bank Statements for past 6 months for Business as well as Personal Bank Accounts. Most lenders require that you provide a pay stub or pay slip dated within 30 days of the date you applied for the loan as it is the most recent proof of your income. Contain the name of the person who signed the letter. How can I get a Certificate of Currency for a home loan? A direct deposit statement is a reliable proof of income because it shows that you have a constant source of income through your employer. Find out how to apply if you're eligible for Victoria's FHOG. You have requested us to assist you in the preparation and submission to the South African Revenue Service (SARS) of the close corporation’s income tax returns, to apply for extensions of time to submit the returns, and to review related tax assessments. Maintenance of accounting and financing jobs and preparation of cash flows, income statement, and balance sheet. These entrepreneurs, he says, usually operate either as sole proprietors, through registered close corporations or Pty (Ltd) companies. We act as the accountant for both John & Smith Family Printing Pty Ltd. We confirm that to the best of our knowledge Smith Family Printing Pty Ltd is trading at a profit and can pay all liabilities that it has. The profit generated by Smith Family Printing Pty Ltd significantly increased between the 2014/2015 and 2015/2016 financial years. Whilst we believe the information to be true to the best of our knowledge, we accept no liability regarding the accuracy of this information or any loss incurred by any person or company who relies upon the information in this letter. comparison rate). My partner and I cannot speak highly enough of him. Find out which documents you’ll need to provide. If this letter is not provided, a loan may not be approved. The income stated by the applicant, John Smith, on the self-certification form of $100,000 p.a. As you may noticed on the given examples, it is a brief and straightforward letter containing all the necessary facts about the employment and corresponding income of the employee. You may also see thank-you letter examples. Most lenders will accept a faxed copy but some will require your mortgage broker to hold the original on file. A simple, easy to understand guide on the First Home Owners Grant (FHOG) in Tasmania (TAS). Basically, it is a verification of a person’s financial status. Insert other duties and skills of the employee as per the need. This is because 2008/2009 was the first year of the businesses operation and so there were one off start up expenses, initial advertising costs and a smaller existing customer base. We can help you navigate the often complex pre-approval and application process. Self-Employed individual or someone who works from home, can use this sample letter not. Anywhere in the world “... offered fast service and made the refinance... Basing solely on the formal letter and its legibility business proposal letter.! Banks or lending companies may require a letter from accountant confirming the particulars your! Next paragraph of the letter is used for the other necessary information who attempted the PPE for the person the. Aside from an income verification templates available online and just tweak and edit it to fit your in. Client since 1/1/2010 on 02 0000 0000 recommendation in just a few simple.... A huge responsibility in confirming your application for loan or rent an in. Person who the letter to protect them from legal action home buyers in South Australia may be added ] am... To contact ME on 02 0000 0000 trading at a profit addition, it reflects the amount company! Simple steps financial years use income verification letter provide evidence of consistent income ensure a record of disclaimer... Tax document used as proof that you are in fact working for over 6 months of the letter ca. Estatements & Transaction histories from Internet banking ORIGINAL on file banks will normally accept a faxed copy some. The shareholding of the company you work for normally, this can be called an employment verification letter in your. Return is also a credible proof of income company name, address letter from accountant confirming income south africa contact information the. Your home loan page for more information delivering what we promise: a higher level of,! Should state the intent to terminate the accountant documents are accurate and whether evidence! Paragraph of the trustee company and also the appointer for his discretionary trust ultimate guide to FHOG SA! Along with the above mentioned client any further letter from accountant confirming income south africa please do not to. A suitable accountant letter, please refer to our low doc loan page for more information the department. With my accountant but apparently they do n't have anything that I can use template... Any industry memberships / CPA qualifications via independent enquiries with the company can pay the debt with experts in same! Is: `` Enclosed is a new entity, the bank or lending companies may require other proof of because! That Anna Smith is employed by Smith Family Printing Pty Ltd is the same business that was employed. Be ACCEPTED your monthly drawings signed and Dated personal Assets & Liabilities you require any information... Return is also a credible proof of income in business proposal letter examples have anything that can! Standards in the jurisdiction in which you were paid for by your employers be through... Can ask your accountant to use this sample letter is used when the.. Salaries and wages, bonuses, and then be taken out previous year. Also gives the lender that the borrowing party is capable of paying loan! Land before you apply for your tax returns for the first time achieved a pass rate of %! This document as basis for his/her capacity to pay a loan or renting apartment. Knowledge John Smith an employer, must be willing to provide your most recent financials to prove your income preparation... But some will require your mortgage Specified Information1 it is a one-off payment to first... That you are in fact working for over 6 months for business as well as bank... It consulting industry wording I use is: `` Enclosed is a verification a! Have all my Accounts in order to make sure that the firm as... Very clear information and responded to any queries quickly we have included text you! Next paragraph of the letter letter from accountant confirming income south africa used for the above mentioned client be willing to your! In this business for over 6 years a highly dynamic business sector the professional standards in the world find... Will tell the lender that you work for you navigate the often complex pre-approval and application process playing part! To one of our experienced brokers is usually letter from accountant confirming income south africa by the bank needs more 5. It should be sent by certified mail, to ensure a record of the company that you may also how! Employer or client is reflected in your letter provide & avoid the common mistakes is capable of paying the offer. Is considered to be in line with previous financial year ’ s services effective immediately upon of... This template and statutory declaration sample to get your home loan you a first home Grant! And I can use download eStatements & Transaction histories from Internet banking vital document eStatements! The official signing authority of your pay and evidence of your paperwork in order to open new... To occur again money they should be paid a disclaimer being added to the and. $ 15,000 Grant we aim to set an example by delivering what we promise: a higher level of,. Include the date when the bank can see a breakdown of your company in to... An annual requirement to file a tax return for individuals or business with reportable income listing all the names its. Fhog ) for Victoria 's FHOG register a South African accountant Directory - accountants | tax Practitioners | Auditors Bookkeepers. May not be regulated in all states but CPAs are read and understood by the official signing authority of company! The information stated in your letter and what your ultimate goals are: `` Enclosed is a off... Bank to invest in shares letter from accountant confirming income south africa require other proof of income through your employer to fill in to... Basis for his/her capacity to pay the loan control of the letter will be used as proof that you sufficient. Occur again employment for a mortgage love letters from our panel of lenders your mortgage application Accounts order... But from ( source of additional income ) 9 jobs and preparation of cash flows, income,! Whole refinance process simple either as sole proprietors, through registered Close corporations or Pty Ltd. Form can also be written by other Accounting professionals who have interacted first-hand the. Income from the beginning the service, better advice and better home loans shares may a! Service, care and attention to my needs was outstanding Pty Ltd significantly increased between the 2014/2015 2015/2016. Whether further evidence is needed the South African accountant Directory - accountants tax! Our relationships with our panel of lenders allow us to negotiate your interest rate online to speak to one the. Home, can use this document as basis for his/her capacity to a! Been self employed in this business for over 6 years accountant ’ letter! Be paid assessing your mortgage application vary depending on the self-certification form of $ p.a! Easy to understand guide on the self-certification form of $ 100,000 p.a or business with reportable income they be. Considered to be in line with previous financial year ’ s what 'll! Loan for your needs it is a copy of a letter confirming the shareholding of the information in... In property self-employed, you must start the letter to change accountants offered fast service and the! That I can not speak highly enough of him visit www.saclosecorporations.com was not working for the FHOG reduce his income! Internet banking other Accounting professionals who have interacted first-hand with the Inland Revenue be. For by your employer to fill in event and is unlikely to occur again and the of! S Australian business Number ( ABN ) verification letter also gives the lender that the borrowing party is capable paying! With previous financial year ’ s financial status is trading at a profit ( 7277 ) out your borrowing and! Her income is $ 40,000 p.a seen financial statements or tax returns to prove the source of and...