Articles by
Garth McNally
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TBAR: Transfer balance account reporting for SMSFs
Understanding the transfer balance account rules, including timing and transaction reporting, is extremely important for SMSF trustees..
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How lump sums can reduce your transfer balance account
If you are considering taking more than the minimum amount from your super pension account, the way you do it counts.
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Q&A: Does my super fund need to disclose all it’s investments?
Q: Aware Super Fund told me that they do not disclose the products the super is invested in nor the quantity of units, but I have been told that this is incorrect and that they should disclose all these investment company names and the number of units that I hold in them?
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How to avoid getting caught in the in-house asset trap
Falling foul of the in-house asset rules can be a costly mistake for SMSFs and continues to be a tricky area for trustees.
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Can my SMSF loan money to me or my business?
Loans made by your SMSF are the exception, not the rule, and getting it wrong can be costly.
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Q&A: What account authority should my accountant have?
My accountant, the SMSF administrator, has requested full third-party authority for our fund account. Is this common practice?
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Election outcomes for your SMSF
Now that the 2025 election is decided, which super policies will be enacted and what is now off the table as a result?
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Q&A: Do I have to take my SMSF pension as regular payments?
My accountant says I should take it as a regular payment spread out over the financial year because the ATO prefers this.
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Q&A: Does the frequency of my employer contributions affect my portfolio growth?
Q: Does my employer only have to pay across the super fund contributions in quarterly intervals, as this impacts on the amount invested and growth of my portfolio?
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Q&A: Can non-concessional contributions be made if the Transfer Balance Cap has been reached?
If you have previously reached your full transfer balance cap, but now you are well below the $1.9 million cap, can you undertake the bring forward rule and make a non-concessional contribution of $360,000?
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SMSFs: Segregating assets in retirement phase
In some circumstances it can make sense to allocate assets to particular fund members. We explain the how and the why.
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SMSFs: Investing in private companies
Investing in unlisted or private companies is perfectly legitimate for SMSFs, but there are strict rules around how it’s done.
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Q&A: Can we lend to our SMSF to buy a property?
Q: We’re looking to borrow money on our SMSF to purchase a property. Can we be the lender to the SMSF as we have surplus cash?
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Managing capital gains tax in your SMSF
It’s possible to reduce or even eliminate the amount of tax your fund pays on asset sales with these simple strategies.
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EOFY: Getting your SMSF in order
If you want to get your SMSF shipshape for June 30, then get cracking now.
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Property development in your SMSF: What to consider
While property development is allowed in an SMSF, the rules restrict what can be done and how.
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Divorce and superannuation: How it works
Super is an increasingly important marital asset and one that should not be overlooked when couples divorce.
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SMSF property loan paid off? What next?
After maximum loan terms were placed on LRBAs, many SMSFs are nearing the end of their loan and wondering about their options.
