Tax Tips

  JOBKEEPER 2.0 UPDATE

With less than two weeks to go before JobKeeper splits into two payment rates, eligible businesses, who satisfy the decline in turnover test for the September quarter have been urged to start identifying which rate will apply to employees based on their work hours. For the first extension period running from 28 September 2020 to 3 January 2021, employees who worked for 80 hours or more in the four weeks of pay periods before either 1 March 2020 or 1 July 2020 will receive $1,200 per fortnight, while all other employees will receive $750.

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Roy Spagnolo & Associates was established in 1997 by a young Roy Spagnolo. Roy saw the need to provide the community with a personal accounting experience. Strong client referrals and word of mouth have seen the firm experience substantial growth.

The company now provides a comprehensive array of services including accounting, tax, financial advisory and consulting to domestic and international clients in various industries ranging from individuals to family owned business, high profile individuals including celebrities and sports professionals, not for profit organisations and large private companies.

In 2015 Roy Spagnolo & Associates opened an office in Sydney to service the growing client base situated in the city and surrounding areas.

Today, Roy Spagnolo & Associates is an unique 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 40 staff.