How much does SMSF Australia charge for annual SMSF accounting?

SMSF Australia offers three fixed-fee annual packages: Basic Fund at $1,300+GST (listed shares, managed funds, ETFs, term deposits), Complex Fund at $1,600+GST (adds direct property up to 2, cryptocurrency, precious metals), and Very Complex Fund from $2,000+GST (unlisted assets, private loans, derivatives, NFTs, 3+ properties). All packages include the independent SMSF audit at no additional cost.

Is the SMSF audit included in the annual fee?

Yes. The independent SMSF audit is included in all three annual fee packages — Basic, Complex, and Very Complex. It is not charged as a separate add-on.

Can SMSF Australia service my fund if I am not in the same state?

Yes. SMSF Australia operates nationally across all Australian states and territories. All client meetings and services are conducted via Zoom — there is no requirement to be near a physical office.

How much does it cost to set up an SMSF with SMSF Australia?

The SMSF setup fee is $2,000+GST, which covers corporate trustee establishment (ASIC fee $636), SMSF trust deed ($400), Class Super first-year licence ($250), ABN and TFN applications, investment strategy preparation, and rollover coordination.

Does SMSF Australia provide financial advice?

No. SMSF Australia does not provide financial planning or investment advice. Services are limited to SMSF accounting, tax, audit, compliance, and legal matters.

Last updated on May 26, 2026

What Is the Concessional Contributions Cap for 2026?

The Concessional Contribution Cap for the 2027 financial year is $32,500 up from the 2026 year cap of $30,000 which has increased in line with the average weekly ordinary time earnings (AWOTE) to which it is indexed. Keep in mind concessional contributions are whereby a member makes a contribution to the fund which is taxable in the superannuation fund, and which may come from employer contributions (the 12% super guarantee charge) or from the members personal funds via salary sacrifice or direct payments to the super fund or SMSF. It is important to note that Self Managed Super Funds and industry funds are all subject to the same contribution cap rules.

In this blog we will explore the concessional contributions cap for the 2026 year, how it works and changes over time along with how you may be able to contribute more using the carry‑forward concessional contribution rules.

What Are Concessional Contributions?

Concessional contributions are before‑tax contributions made into your superannuation fund. These contributions are generally taxed at 15% inside super unless you are subject to Div293 Tax which is the ATO high income earner provisions for those earning over quarter of a million a year which takes your effective tax rate on the contributions to 30%. Even when subject to Div293 it is still usually beneficial to max out your concessional contributions since your personal tax rate of 47% including Medicare Levy is higher than the 30% rate.

Common concessional contributions include the amounts your employer puts in on your behalf on a compulsory basis known as Super Guarantee contributions, extra amounts you choose to put in via your work as a salary sacrifice arrangement, and of course, extra amounts you choose to personally contribute and then claim as tax deduction from the fund via a Notice of Intent to Claim form.

Confirming the Contributions Cap for 2026?

As mentioned for the 2026 financial year, the cap is $30,000 per member, which has not changed since the 2025 financial year. This is increasing from the 1st July 2026 to $32,500 for the 2027 financial year. This cap includes all the different types of concessional amounts contributed regardless of whether from the employer or personally. For SMSFs with multiple members it is important to note that the limit is per member and not per fund, so an SMSF with three family members has a total amount of $90,000 that can be received concessionally between the members for the 2026 financial year lifting to $97,500 from the 1st July 2026.

Oops! What happens if you exceed the Cap?

It happens to everyone sometimes through minor mistakes or even for positive reasons such as a windfall bonus. For example, if your main job already maxes out your cap but then you take a second job/board role that also contributes then it is easy to end up exceeding your allocated cap for the year. It can also occur to employees who receive a large bonus, or just because their accountant got the calculation wrong before they contributed. It is definitely not the end of the world, when a member exceeds their cap the excess amount over the cap is just added back to your assessable income. In your personal name you will receive a tax offset for the contributions tax already paid, but in some circumstances, you may also be charged an excess concessional contributions charge. In most cases, you can elect to release up to 85% of the excess amount from super in these sorts of situations.

How do the Carry Forward Concessional Contributions rules work?

Providing you meet two eligibility criteria you should be able to use the carry‑forward concessional contributions rules to contribute more than $30,000. These are:

Your total super balance is less than $500,000 as at 30^th June of the previous financial year
You have not previously used up all your contribution caps in previous years thus have something to “carry forward”

For example, if your total super balance was $350,000 at 30 June 2025 and you have $45,000 of unused concessional cap from prior years, you could contribute up to $75,000 in concessional contributions during the 2025–26 financial year being the $30,000 from this year’s cap and $45,000 from previous years.

How do I check my Carry Forward Super Amounts?

In order to check if you have unused limits from previous years you can ask your accountant to download you a report from the ATO from the tax agent portal (which is just a few clicks of a button to download so shouldn’t cost you anything) or alternatively you can find it yourself via using your MyGov login and going through their process:

Head to the website and login to your MyGov account.
Then click on the Australian Taxation Office (ATO) linked service. (If you haven’t linked the ATO, you will need to do so first).
From the top menu, select Super, then choose Information.
Click on Carry forward concessional contributions.

Summary

As with all things related to superannuation, we recommend getting expert advice from your Superannuation Accountant prior to making major decisions and to ensure you don’t breach your caps. You engage us for advice not just compliance and since all our fees are fixed per year so please reach out with a quick email to confirm if there are any issues or changes in legislation you should be aware of.