Articles by
Garth McNally
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Q&A: Timing for commencing a pension and minimum pension requirements
Q: My wife and I wish to start a pension in our SMSF soon. Do we have to wait until July 2024 or can we start one now? How do we tell the minimum? Is it still based on our 30 June 2023 balance?
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Does my SMSF need to register for GST?
Most SMSFs don’t need to worry about GST, but it’s important to understand the rules in case your fund does need to register.
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Webinar: SuperGuide members Q&A: March 2024
In this webinar super expert Garth McNally will answer recent questions from SuperGuide members.
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In-specie transfers out of an SMSF
There are many reasons you may want to transfer an asset out of your super fund into your own name, but there are processes you need to follow.
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What are the SMSF residency requirements?
Proposed legislation will relax the residency rules for SMSF members, but until then it pays to understand the current rules before heading overseas for an extended stay.
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What are the key differences between SMSFs and public offer funds?
SMSFs are a popular option for people who want more control of their retirement savings, but it’s important to understand how they compare to large super funds.
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Webinar: Super strategies for your SMSF
Are you making the most of having an SMSF? In this webinar we will cover strategies only available to SMSFs, including access to certain investments, effective tax and estate planning, as well as the benefits of investing as a couple or family.
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SMSFs and estate planning: Issues to consider after the death of a SMSF member
In this article in our SMSF and Estate Planning series, we focus on key issues within your fund.
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Webinar: SuperGuide members Q&A: December 2023
In this webinar super expert Garth McNally will answer recent questions from SuperGuide members.
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SMSFs and estate planning: Key issues that SMSF trustees need to know
The third article in our SMSF and Estate Planning series focuses on estate planning issues trustees need to consider on the death of a fund member.
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Q&A: When I retire, can I transfer the cash assets to my share of the SMSF?
Q: I am about to retire but my partner is still working. There is one property, some shares and cash in the SMSF. My partner and I have 50% share each. Moving to retirement, can I transfer all cash to my share of the fund into retirement phase? The value of cash is 25% of…
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Q&A: Can an SMSF invest on a “tenants in common” basis in commercial property, funded by a mortgage?
When we’re looking at joint ownership of property, there are a few things that we need to consider. There are really two quite distinct ways that direct property interest can be held when there’s multiple owners.
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Q&A: Is a lump sum super payment taxed if I’m under 60?
Q: Assuming a member turns 59 on the 9th of May 2023, and sets up a full pension fund to commence from 1 July this year (2023) shortly, when that member withdraws the lump sum before the 9th of May 2024 (next year), aged then 60, is the lump sum subject to tax or not?
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SMSFs and estate planning: What fund members should consider and plan for
The second article in our four-part “SMSF and estate planning series” covers the key issues for trustees when it comes to estate planning within their self-managed fund.
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SMSF loans: What are the SMSF borrowing rules?
The ability to borrow to invest gives SMSF trustees additional flexibility when choosing investment assets, but it’s not open slather. Strict rules apply.
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Webinar: Transition-to-retirement pensions: Strategies and benefits
In this webinar, Garth will take you through the key benefits of using a transition to retirement pension; from tax planning to achieving better estate planning outcomes. This webinar is a must for all readers approaching or considering retirement.
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Q&A: What to consider with unused concessional contribution tax claims?
Q: The bring forward concessional contributions tax claims. Are they still available and any other matters associated with such a tax claim?
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SMSFs and estate planning: An introduction
Ensuring your super is dealt with according to your wishes when you die is not only important for your beneficiaries, but for your fellow trustees and the fund itself.
