Clear Tax Accountants

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About Clear Tax Accountants

At Clear Tax, we provide a comprehensive range of personal and business accounting services in Melbourne. We work with individuals and organisation across, and pride ourselves on offering honest advice and feedback, as well as finding accounting solutions to even the most complex issues.

Base Rate Entity Explained: What It Means for Company Tax in Australia

Clear Tax Accountants26 Feb, 2026Business

If you run your business through a company, one key question at tax time is: do you qualify for the lower company tax rate? It only applies if you meet the base rate entity tests. Being “small” isn’t enough — miss the criteria and the higher tax rate applies.

ATO Clearance Certificate Explained: What It Is and When You Need One

Clear Tax Accountants24 Feb, 2026Business

Selling property in Australia isn’t as simple as it once was. Many sellers are caught off guard by the ATO clearance certificate rule. If it’s not provided at settlement, 15% of the total sale price — not the profit — can be withheld and paid directly to the ATO.

Do I Need an Accountant as a Sole Trader in Australia?

Clear Tax Accountants20 Feb, 2026Business

Starting as a sole trader seems straightforward: one ABN, income in, expenses out. Then tax time hits. You’re not legally required to hire an accountant—but that’s not the real question. The real issue is time, risk, and whether costly mistakes will outweigh the savings on professional fees.

Death in an SMSF: What Really Happens When a Member Passes Away?

Clear Tax Accountants19 Feb, 2026Business

Have you ever truly considered what would happen to your SMSF if you weren’t here tomorrow? Not hypothetically—but practically. Who takes control? Who makes the decisions? Without the right structure in place, things can unravel fast. Avoiding this conversation can be a very costly mistake.

Do I Need to Register for GST as a Sole Trader in Australia?

Clear Tax Accountants18 Feb, 2026Business

GST might look straightforward — earn income, add 10%, lodge your BAS. Easy, right? Not quite. This is where many sole traders slip up. GST registration rules are clear but often misunderstood, especially by freelancers, contractors, and side hustlers whose income grows quicker than they expect.

What Happens When You Transfer Property from SMSF to Personal Name?

Clear Tax Accountants16 Feb, 2026Business

You might think transferring a property from your SMSF to your personal name is just paperwork. The ATO doesn’t. They treat it as a market-value sale. That move can trigger capital gains tax, stamp duty, and compliance issues. Simple on paper — risky if handled wrong.

ATO Benchmarks Explained: What They Are and How the ATO Uses Them

Clear Tax Accountants13 Feb, 2026Business

ATO benchmarks often create unnecessary stress for business owners. The term “benchmark” can sound like audits or penalties are coming. In reality, benchmarks aren’t hidden targets or automatic red flags. They’re simply comparison tools — not weapons against honest businesses.

Paying Tax on Multiple Sources of Income in Australia

Clear Tax Accountants12 Feb, 2026Business

Opened your tax return and felt that sinking feeling when a bill appears? You worked hard, earned extra income, maybe started a side hustle, and thought everything was fine. So why does the ATO still want more? If you earn from multiple sources, this happens often — and you’re definitely not alone.

ATO Balancing Account Explained: What It Means and Why It Happens

Clear Tax Accountants11 Feb, 2026Business

When “balancing account” appears next to your tax return in myGov, it can feel alarming — refund on hold, status unclear, no explanation. But it’s not a penalty or audit. It simply means your return has reached a key processing stage where the ATO finalises the numbers.

Garnishee Notice Explained: What It Means and How It Works in Australia

Clear Tax Accountants10 Feb, 2026Business

A garnishee notice is one of the ATO’s toughest recovery tools—and one of the most shocking. Funds can be frozen overnight, wages reduced, and employers involved. The fear is real, but clarity helps. This guide explains what it is, why it’s used, how it works, and what steps actually matter when cash flow is at risk.