- May 26, 2024
- Posted by: legaleseblogger
- Category: Related News
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## Request for Advanced Income Proof from Tax Agent as a Sole Trader
Is it feasible to receive a formal letter or document from a tax agent displaying my income prior to the conclusion of the ongoing tax year? The rationale behind this inquiry is my status as a sole trader, and the fact that my revenue has experienced a substantial uptick since the previous fiscal year (the one currently pending). I am eager to present evidence encompassing the past 12 months instead. Can I engage the services of a tax agent to facilitate this process?
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Your bookkeeper can provide you with a P&L for the past 12 months.
I assume this is for a bank loan? Accountants are often hesitant to provide letters like this, and their membership bodies (CPA, CAANZ) generally advise against it.