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, 31 July 2026.
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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
Ready to scope a setup? See SMSF setup cost, ongoing pricing, or the SMSF vs industry fund calculator. Already running a fund? Switch your administrator.