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I have a classifieds company that is started recently in Apr 2019. There is no activity going on in the company. No income, no losses, no employees. For Financial year 2019, I called ATO and asked them to either lodge a NIL tax return or informed them that Tax return is not necessary.
I am going to refinance my home loan and my broker is asking for a letter from an accountant stating that the company is a non-trading company, registered recently, have not commenced any business activities, not presently under any scheme of arrangement with the ATO has no past due or undisclosed ATO liabilities in relation to Income tax, capital gains tax and GST, has no other financial liabilites. You may modify the wordings as you see fit or necessary. For more details, please contact me.