DEFERRALS OF INTEREST DUE TO COVID-19
Many borrowers with investment property loans have recently been able to defer repayments. Interest expenses on these loans, including compound interest, will generally be deductible if the borrowed funds are used for income producing purposes. However, any "penalty interest" that may have been incurred is not "in the nature of interest" and may not be deductible.
'Value adding' through business growth, cash flow management and assistance in identifying new opportunities.FIND OUT MORE
We provide a 'sounding board' approach to our clients as required by Roy Spagnolo and his senior members of the staff on practically any taxation or commercial matters as they arise.FIND OUT MORE
Tax planning, reporting, structuring and compliance based on innovative solutions and fresh ideas. We also specialise in Capital Gains Tax issues at both an individual and company level.FIND OUT MORE
"Roy and his team have grown with Casella Family Brands and provide invaluable advice in assisting with our business success. We have relied on his expertise in consulting, advisory and taxation services to support all our needs. His team of skilled professionals has made sure that all of our companies are covered for taxation and statutory matters”.– John Casella
"We use Roy Spagnolo & Associates as they understand our business needs and provide a great customised service."– Simon Sibia
"We have been client of RSA for over 10 years. Roy and the staff have been a valuable partner to Calabria Family Wines and has always been reliable and efficient in completing all our taxation needs"– Bill Calabria
“Roy Spagnolo is the most knowledgeable guy I know. He is there for you 24 hours a day, 7 days a week and he will go out of his way for anyone.”– Vic Lorusso
“I have been working with Roy and his team for over ten years. Roy Spagnolo’s have worked tirelessly with us to ensure our continued success at Serafin Ag Pro and have always provided a very professional and an outstanding level of service. I have nothing but the highest of praise for Roy and the team and highly recommend their services.”– Darryl Serafin
“Caring, personal and professional - the best in the universe”– Jesinta Campbell
"I like their big city services at country prices"– Cameron Williams
Roy Spagnolo & Associates is a boutique accounting firm providing city style services with a country charm to over 3,000 clients from its offices in Griffith and Sydney with the assistance of 30 staff.