Garth McNally

Garth has worked in the Australian Superannuation industry for over 20 years with a specific focus on self-managed super funds. He provides ongoing support and training to individuals as well as to professionals working in the superannuation area, including advisers, accountants and lawyers. He is a regular contributor to industry publications and to the leading professional bodies including Chartered Accountants Australia & New Zealand (CA ANZ).

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.
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.
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?
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?
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.
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?
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?
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.
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.
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?
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.
EOFY: Getting your SMSF in order

If you want to get your SMSF shipshape for June 30, then get cracking now.
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.
Divorce and superannuation: How it works

Super is an increasingly important marital asset and one that should not be overlooked when couples divorce.
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.
How to buy a commercial property and lease it through your SMSF

Many restrictions that apply to the purchase of property via an SMSF don’t apply to commercial property. Here’s how it’s done.
SMSF property investment rules

One of the attractions of having an SMSF is the ability to invest in real property, but strict rules apply.
How can I top up my super pension?

It’s possible to contribute to super after you retire, but there are rules you must follow if you want to use these contributions to top up your pension account.