SMSF Education

Why Set Up an SMSF with My SMSF?

A Self-Managed Super Fund gives you control over where your retirement savings are invested — in property, crypto, gold or shares — at a fraction of the cost of a retail or industry fund. Here's why over 600,000 Australians have chosen an SMSF.

Set Up My SMSF — $990 Property Calculator

600k+Australians with an SMSF

$990My SMSF Setup Fee

15%Tax on Income (vs up to 47%)

0%CGT in Pension Phase

$3,923Industry avg annual cost

$1,190My SMSF annual fee

The Top Reasons

6 Compelling Reasons to Set Up an SMSF

SMSFs are the fastest-growing super sector in Australia. Here's why trustees are making the switch from retail and industry funds.

Buy Property in Super

Borrow to purchase residential or commercial property inside your SMSF via a Limited Recourse Borrowing Arrangement (LRBA). Pay 15% tax on rental income instead of up to 47% personally.

✓ Pay just 15% tax on rent

Invest in Cryptocurrency

Hold Bitcoin, Ethereum and other crypto assets inside your SMSF. CGT is taxed at 10% after 12 months (vs personal rates). In pension phase — zero CGT, zero tax on income.

✓ 0% tax in pension phase

Gold, Silver & Precious Metals

Invest in physical gold, silver, platinum and pink diamonds through your SMSF with specialist valuation and storage compliance. Diversify beyond traditional asset classes.

✓ Hard asset diversification

Significant Tax Savings

SMSF income is taxed at just 15% during accumulation phase and 0% in pension phase. Capital gains held over 12 months attract a 10% CGT rate (vs up to 23.5% personally).

✓ Save tens of thousands/yr

Pool Super with Your Partner

Combine your super with a spouse or partner into a two-member SMSF. Pool balances to access property investments that neither could afford alone, and share administration costs.

✓ Up to 6 members allowed

Full Control & Visibility

You decide exactly how and where your retirement savings are invested. No fund managers, no hidden fees, no waiting for quarterly statements. Real-time visibility of every investment.

✓ You make every decision

Tax Advantages

An SMSF Pays Far Less Tax Than You Do Personally

The tax treatment inside an SMSF is dramatically more favourable than holding the same investments personally. Every dollar of tax saved inside your fund compounds over time into substantially more retirement wealth.

Once you transition to pension phase, these advantages become even greater — rental income, dividends and capital gains are all taxed at zero percent.

Calculate Your Tax Saving →

In SMSF

Personally

Rental Income Tax

15%

Up to 47%

Capital Gains (12m+)

10%

Up to 23.5%

Income in Pension

Up to 47%

CGT in Pension

Up to 23.5%

Fund Income Tax

15%

Up to 47%

Div Franking Credits

Refunded

Partially lost

On a $650k investment property generating $29,250 rent (4.5% yield), an SMSF paying 15% tax saves approximately $9,409 per year vs a high-income earner paying 47% — before CGT benefits.

What You Can Invest In

SMSFs Can Hold Far More Than Shares

Unlike retail and industry super funds, an SMSF lets you invest in a broad range of assets — including ones that can transform your retirement wealth.

Residential Property

Purchase investment properties using your super balance — with or without LRBA borrowing. Pay CGT at 10% or 0% in pension phase.

Via LRBA or Cash

Commercial Property

Buy the premises your business operates from, lease it to your company at market rent. Rent is deductible to the business, received by your SMSF at 15% tax.

Business owners' favourite

Cryptocurrency

Bitcoin, Ethereum and altcoins — held in a cold wallet or on compliant exchanges (CoinSpot, Kraken, Independent Reserve). Managed by My SMSF since 2016.

9+ years of crypto admin

Gold & Precious Metals

Physical gold, silver and platinum bullion held in approved secure vaults. Specialist valuation, storage compliance and audit support included.

Hard asset protection

Pink Diamonds

Specialist SMSF accounting for certified pink diamond investments — valuations, Argyle Mine certification, storage and compliance since 2017.

Rare tangible asset

Shares, ETFs & Bonds

ASX and international listed securities, managed funds, bonds and term deposits. Full flexibility to create your own diversified portfolio.

Traditional investments

Cost Comparison

My SMSF Costs a Fraction of the Industry Average

ATO data shows the average SMSF administration cost is $3,923 per year. My SMSF charges $1,190 — with the same compliance, tax returns and audit included.

Annual SMSF Administration Cost Comparison

Traditional Accountant

~$3,923/yr

Big 4 Firm

~$5,000+/yr

Online Competitors

~$2,500/yr

My SMSF

$1,190/yr

Is It Right for You?

Is an SMSF Right for You?

SMSFs are powerful — but they're not for everyone. Here's an honest guide to who benefits most and who should think carefully first.

An SMSF Likely Suits You If…

You have $100k+ in super (or combined with a partner)

You want to invest in property, crypto, gold or other alternatives

You own a business and want to buy your commercial premises

You are a couple wanting to pool super and invest together

You are willing to take on trustee responsibilities

You want full control and visibility of your retirement savings

You want to save on super fees compared to your current fund

You are approaching retirement and want estate planning control

Think Carefully If…

Your super balance is under $50,000 (costs may outweigh benefits)

You don't want to be involved in managing your investments

You need government compensation if investments fail (retail super provides this)

You are not willing to take on trustee responsibilities and legal obligations

You have no interest in alternative assets beyond shares and cash

You cannot maintain the required records and meet annual deadlines

You need to access life insurance through your super at low cost

MoneySmart guidance: The Australian Securities and Investments Commission (ASIC) recommends seeking independent financial advice before setting up an SMSF. My SMSF does not provide personal financial advice. Learn more at moneysmart.gov.au ↗

Why Choose My SMSF

Why Thousands of Trustees Choose My SMSF

We're not a general accounting firm that also does SMSFs. We exist solely to administer self-managed super funds — with specialist expertise no general practice can match.

Fixed Fee — Always

$990 to set up. $1,190/year to administer. No hourly rates. No hidden fees. No surprises. You know the cost before you start.

Specialist Crypto Expertise

Administering crypto SMSFs since 2016 — before most accountants knew what Bitcoin was. Cold wallet reporting, exchange reconciliation, DeFi and CGT calculations.

Audit-Ready Compliance

Every fund is maintained to a high compliance standard — ready for the independent annual audit without last-minute scrambling or data chasing.

Responsive Support

WhatsApp, email and phone support from a team that knows your fund. Fast responses — not weeks of waiting for a callback from someone who doesn't know your situation.

100% Online — Australia-Wide

Our fully online model means you get big-firm SMSF expertise regardless of whether you're in Sydney or regional Queensland — at a fraction of city-firm pricing.

15+ Years Track Record

Operating since 2010 with a 5.0 Google rating and 4.9 on ProductReview. Recognised by Anthill Magazine as one of Australia's Top 30 Innovations in 2013–2017.

Common Questions

Frequently Asked Questions

There is no legal minimum super balance to set up an SMSF. However, most financial advisers suggest a minimum of $100,000 to $200,000 to make the fixed costs cost-effective versus a retail or industry fund. My SMSF's annual fee of $1,190 represents a smaller percentage of a larger balance.

With My SMSF, your SMSF is typically established in 2–4 weeks, including corporate trustee setup, trust deed, ABN/TFN registration and bank account. Rolling over your existing super from other funds then takes a further 5–10 business days per fund.

Not immediately. You need to establish your SMSF, roll over your super balance, update your investment strategy to allow property, and (if borrowing) arrange LRBA finance. From starting your SMSF to settling on a property typically takes 3–4 months. Use our Property Calculator to check your eligibility.

Yes — you make all investment decisions as the trustee. My SMSF handles the compliance, accounting, tax return and audit side of things. You focus on the investment strategy; we handle the paperwork.

My SMSF's annual administration fee is $1,190 (Bronze), $1,550 (Silver) or $2,550 (Gold) per year. You also need to budget for the ASIC annual review fee ($69), ATO supervisory levy ($259), and any lender fees if you have an LRBA loan. View the full Fee Schedule.

Yes. You can roll over your existing superannuation from retail and industry funds (including AustralianSuper, Sunsuper, REST, etc.) into your new SMSF via SuperStream. My SMSF provides the rollover request letters and guidance. The process typically takes 5–10 business days per fund.

As an SMSF trustee you are responsible for: maintaining an investment strategy, keeping proper records, lodging the annual tax return, having an independent audit conducted each year, and complying with the SIS Act and ATO regulations. My SMSF guides you through all of these requirements.

Ready to Take Control of Your Retirement?

Join thousands of Australian trustees who have set up their SMSF with My SMSF. Fixed fee, online, Australia-wide — from just $990.

New SMSF — $990 Transfer My SMSF View Setup Process

Disclaimer: All information is general in nature and for educational purposes only. My SMSF does not provide personal financial, legal or taxation advice. SMSF suitability depends on individual circumstances. The ATO data on industry average costs is based on published SMSF statistical reports. Always seek independent financial advice before establishing an SMSF. R S Capital Partners Pty Ltd ABN 67 145 282 908 trades as My SMSF / My SMSF Property.