New FY kickoff — 50% off SMSF setup (limited time)
Limited-time new financial year offer — 50% off Individual and Corporate Trustee setup fees. Ends midnight AEST, 30 September 2026.
Why contractors and consultants use an SMSF
For contractors paying themselves super from a Pty Ltd, an SMSF is a clean way to centralise contributions, claim the deduction in the company, and decide exactly how the cash is invested. You can also make personal deductible contributions if you operate as a sole trader.
The key compliance trap to avoid is treating your SMSF like a second business bank account — the sole purpose test under section 62 of the SIS Act applies, and in-house asset limits under section 71 cap related-party exposure at 5%.
- Pay yourself super from your Pty Ltd directly into the SMSF
- Make personal deductible contributions up to the $30,000 concessional cap
- Catch up unused cap years with carry-forward concessional contributions
- Hold business assets the right way — without breaching in-house asset rules
- Simpler tax planning when your contracting income varies year to year
Frequently asked questions
General advice warning
Figures shown are illustrative only and based on the inputs and assumptions you provide. They are general information, not personal financial product advice. Consider your objectives, financial situation and needs, and seek personal advice from a licensed financial adviser before acting. easySMSF does not hold an Australian Financial Services Licence (AFSL).