Accountants and Brokers

What do you get when you cross a broker and an accountant? Hey, it's Aaron from Diagnostics and Finance. And what you get is a really ninja'd up home loan. One of the things that we need as brokers is that we need some documents related to your circumstances, typically in talking to the self employed people. We need your individual tax return, your notice of assessment, company tax return, a trust tax return. If your partner is self employed too, we need the same documents from them. And then you can complicate it even further. If you're going to buy a property in superannuation, then we need two years tax returns on the superannuation, audited financial statements and then the list goes on. So one of the things to cut through all that to make it really easy is that you need to cross your broker with your accountant. So what I mean with that is just get on there, introduce us, send an email to your accountant, introduce us in, and then we have permission to get the documents that may be something you don't even want to know about. And you just see them once a year with your accountant. You may want to know a bit more, you might even have that information. But if you want to make it really quick, it's usually best off introducing us to your accountant. So tip for the day.