Bare Trust Setup Form

Timing for Signing the Bare Trust Deed After the SMSF Has Been Created

Bare Trust Setup Fee

One-Off

Bare Trust Setup with Corporate Trustee: $1,725

Ongoing

Ongoing fee for Accountant and Auditing: $1800+GST / Financial Year (including standard Audit)

Limited Recourse Borrowing Arrangement (LRBA) / Bare Trust Details
(Information Collection Only – No Financial Advice)

If your SMSF intends to purchase property using a loan, Australian law (SIS Act s67A) generally requires the property to be held in a Bare Trust (also known as a Holding Trust) under a Limited Recourse Borrowing Arrangement (LRBA).

The questions below are solely to collect the information required to prepare documents and coordinate the setup where instructed. This is not financial, legal, or investment advice.

Important Disclosure – Please Read Carefully

Clear Tax does not provide financial product advice and does not assess whether an LRBA or property investment is suitable for you.

By completing this section, you acknowledge that:

You have already decided (or will decide independently) to purchase property via your SMSF.
You understand that borrowing through an SMSF carries significant risks and compliance obligations.
You should seek advice from a licensed financial adviser, mortgage broker, or legal adviser before proceeding.

Clear Tax’s role is limited to execution-only establishment, compliance, and administrative setup, based solely on the information you provide. Clear Tax does not assess the suitability of any SMSF structure, borrowing arrangement, or investment.

I agree to the above declaration *

Signature *

Draw signature|Type signatureClear

Signtaure

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Trust Setup Information

Email *

Phone *

Existing SMSF Name *

Proposed Bare Trust Name *

Proposed Bare Trustee Company Name *

Stakeholder Information

Number of Members *

Member 1 Details

Title *

First Name *

Middle Name

Last Name *

Email *

Date of Birth *

TFN (Australian Tax file number) *I authorise Clear Tax to collect and use my Tax File Number (TFN) solely for the purpose of setting up my entity. I understand it will be handled securely in accordance with Australian privacy laws.

Residential Address *

Address Line 1 *Address Line 2

City *

State / Province / Region *

Postal / Zip Code *

Place of Birth *

Born in AustraliaBorn outside of Australia

Suburb *

State *

Country of Birth *

Do you have a Director Identification Number?

YesNo

A DIN is a unique identifier issued by ABRS. To view your DIN visit - https://www.abrs.gov.au

Director IDDirector Identification Number

Important - Director Identification Number

Note: From 5 April 2022, directors must apply before being appointed.

If you haven’t yet applied for a Director ID, you can follow the application steps at abrs.gov.au/deadlines

Step-by-step director ID registration process

Visit: abrs.gov.au/directorIDapply/
Setup MyGovID
Gather your documents
Complete your application

Note: Please send us your DIN number at sales@cleartax.com.au once you have completed the application

ID Proof

Browse

Please upload Passport or Driving license.

Member 2 Details

Title *

First Name *

Middle Name

Last Name *

Email *

Date of Birth *

Residential Address *

Address Line 1 *Address Line 2

City *

State / Province / Region *

Postal / Zip Code *

Place of Birth *

Born in AustraliaBorn outside of Australia

Suburb *

State *

Country of Birth *

Do you have a Director Identification Number?

YesNo

A DIN is a unique identifier issued by ABRS. To view your DIN visit - https://www.abrs.gov.au

Director IDDirector Identification Number

Important - Director Identification Number

Note: From 5 April 2022, directors must apply before being appointed.

If you haven’t yet applied for a Director ID, you can follow the application steps at abrs.gov.au/deadlines

Step-by-step director ID registration process

Visit: abrs.gov.au/directorIDapply/
Setup MyGovID
Gather your documents
Complete your application

Note: Please send us your DIN number at sales@cleartax.com.au once you have completed the application

ID Proof

Browse

Please upload Passport or Driving license.

Member 3 Details

Title *

First Name *

Middle Name

Last Name *

Email *

Date of Birth *

Residential Address *

Address Line 1 *Address Line 2

City *

State / Province / Region *

Postal / Zip Code *

Place of Birth *

Born in AustraliaBorn outside of Australia

Suburb *

State *

Country of Birth *

Do you have a Director Identification Number?

YesNo

A DIN is a unique identifier issued by ABRS. To view your DIN visit - https://www.abrs.gov.au

Director IDDirector Identification Number

Important - Director Identification Number

Note: From 5 April 2022, directors must apply before being appointed.

If you haven’t yet applied for a Director ID, you can follow the application steps at abrs.gov.au/deadlines

Step-by-step director ID registration process

Visit: abrs.gov.au/directorIDapply/
Setup MyGovID
Gather your documents
Complete your application

Note: Please send us your DIN number at sales@cleartax.com.au once you have completed the application

ID Proof

Browse

Please upload Passport or Driving license.

Member 4 Details

Title *

First Name *

Middle Name

Last Name *

Email *

Date of Birth *

Residential Address *

Address Line 1 *Address Line 2

City *

State / Province / Region *

Postal / Zip Code *

Place of Birth *

Born in AustraliaBorn Outside of Australia

Suburb *

State *

Country of Birth *

Do you have a Director Identification Number?

YesNo

A DIN is a unique identifier issued by ABRS. To view your DIN visit - https://www.abrs.gov.au

Director IDDirector Identification Number

Important - Director Identification Number

Note: From 5 April 2022, directors must apply before being appointed.

If you haven’t yet applied for a Director ID, you can follow the application steps at abrs.gov.au/deadlines

Step-by-step director ID registration process

Visit: abrs.gov.au/directorIDapply/
Setup MyGovID
Gather your documents
Complete your application

Note: Please send us your DIN number at sales@cleartax.com.au once you have completed the application

ID Proof

Browse

Please upload Passport or Driving license.

Member 5 Details

Title *

First Name *

Middle Name

Last Name *

Email *

Date of Birth *

Residential Address *

Address Line 1 *Address Line 2

City *

State / Province / Region *

Postal / Zip Code *

Place of Birth *

Born in AustraliaBorn Outside of Australia

Suburb *

State *

Country of Birth *

Do you have a Director Identification Number?

YesNo

A DIN is a unique identifier issued by ABRS. To view your DIN visit - https://www.abrs.gov.au

Director IDDirector Identification Number

Important - Director Identification Number

Note: From 5 April 2022, directors must apply before being appointed.

If you haven’t yet applied for a Director ID, you can follow the application steps at abrs.gov.au/deadlines

Step-by-step director ID registration process

Visit: abrs.gov.au/directorIDapply/
Setup MyGovID
Gather your documents
Complete your application

Note: Please send us your DIN number at sales@cleartax.com.au once you have completed the application

ID Proof

Browse

Please upload Passport or Driving license.

Member 6 Details

Title *

First Name *

Middle Name

Last Name *

Email *

Date of Birth *

Residential Address *

Address Line 1 *Address Line 2

City *

State / Province / Region *

Postal / Zip Code *

Place of Birth *

Born in AustraliaBorn Outside of Australia

Suburb *

State *

Country of Birth *

Do you have a Director Identification Number?

YesNo

A DIN is a unique identifier issued by ABRS. To view your DIN visit - https://www.abrs.gov.au

Director IDDirector Identification Number

Important - Director Identification Number

Note: From 5 April 2022, directors must apply before being appointed.

If you haven’t yet applied for a Director ID, you can follow the application steps at abrs.gov.au/deadlines

Step-by-step director ID registration process

Visit: abrs.gov.au/directorIDapply/
Setup MyGovID
Gather your documents
Complete your application

Note: Please send us your DIN number at sales@cleartax.com.au once you have completed the application

ID Proof

Browse

Please upload Passport or Driving license.

Bare Trust Setup Fees

In addition, we would encourage you to please go through the link below as well for more information:
https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/self-managed-super-funds-smsf

SMSF Bare Trust Deed Stamping Requirements:

Victoria (VIC) – $0
New South Wales (NSW) – $750

For NSW Stamp Duty

Once the property is finalised under the SMSF, please share the below-requested documents for us to complete the stamp duty for the bare trust (if not done by the conveyance).

The stamp duty payable is $750.
Copy of the original executed purchase contract.
Copies of bank statements with full account holders' names and loan agreements.
Purchaser declaration form (ODA 076 I or ODA 076 NI) – Available for download from the Revenue NSW website.
Settlement statement

Note: Bare Trusts established in NSW for properties purchased outside of NSW are exempt from stamp duty.

Important: We are a firm of accountants and not financial advisers. We do not provide any financial product advice or recommend that an SMSF is suitable for you. What we are providing you is an execution-only service as you have instructed us to set up SMSF. Moreover, you should consider taking advice from an AFS Licensee before making a decision.

ClearTax Accountants provides a designated service, and we are required to comply with Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation. By accepting these Terms and Conditions, you agree to provide any identification, ownership, control, and other information reasonably requested to enable us to meet our legal obligations. We may verify your identity electronically and undertake sanctions and Politically Exposed Person (PEP) screening where required by law.

We reserve the right to delay, suspend, or decline to provide a designated service until all required AML/CTF checks have been satisfactorily completed. You agree to promptly notify us of any material changes to your identity, ownership, or control during our engagement. Your information will be collected, used, and disclosed only as permitted or required by law. ClearTax Accountants may also be legally prohibited from disclosing certain information relating to AML/CTF reporting obligations.

Payment Information

Bare Trust Setup Fee (inc GST)

$1,725

Bare Trust Setup Fee (inc GST)

Payment Method *

Credit/Debit CardBank Transfer (BSB & Account Number)

Payment *

Pay

Note: Payments made via credit card will incur a surcharge. We recommend using alternative payment methods to avoid this additional fee.

Bank Transfer Details

BSB: 063 000
Account Number: 1316 6899
Account Name: AY Consultants Pty Ltd, trading as Clear Tax

Receipt / Reference Number *

Upload Payment Receipt *

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Bare Trust Setup Fee

Limited Recourse Borrowing Arrangement (LRBA) / Bare Trust Details(Information Collection Only – No Financial Advice)

Trust Setup Information

Stakeholder Information

Bare Trust Setup Fees

Payment Information

Save and Complete Later

Limited Recourse Borrowing Arrangement (LRBA) / Bare Trust Details
(Information Collection Only – No Financial Advice)