Tax Tips
REVISED TAX CUTS BILL PASSES BOTH HOUSES

The bill to implement the Labor Government's revised tax cuts has now passed both houses of parliament.  The revised tax meaures include the following which will apply from 1 July 2024:

- Reduce the 19% tax rate to 16%;

- Reduce the 32.5% tax rate to 30% for incomes between $45,000 and a new $135,000 threshold;

- Increase the threshold at which the 37% tax rate applies from $120,000 to $135,000; and

- Increase the threshold at which the 45% tax rate applies from $180,000 to $190,000.


The Medicare Levy low-income thresholds for the 2024 income year will also be increased.


Our Accounting Team

Allira Aventi


Allira is an Assistant Accountant who joined the team at Roy Spagnolo & Associates after graduating from Marian Catholic College in 2022. She is currently pursuing a Bachelor of Business (Accounting) through UNE (University of New England). In her role, Allira assists the team with various tasks including the preparation of Income Tax Returns, Financial Accounts, and Business Activity Statements. Allira appreciates the friendly and supportive team environment at Roy Spagnolo & Associates.

Adino Battocchio


Adino Battocchio is a Certified Practising Accountant (CPA), Fellow of the Taxation Institute (FTIA), Registered Tax Agent and Justice of the Peace. Having 58 years' experience in accounting and taxation he brings to Roy Spagnolo & Associates valuable knowledge and experience to assist in mentoring all employees.

Alison Bennison


Alison has recently joined the team and has 10 years' experience working in the Accounting Industry. She has completed a Bachelor of Business (Accounting/Business Management). Alison currenly supports the Self-Managed Superannuation team in preparing Financial Accounts, Income Tax Returns and Business Activity Statements. Alison enjoys the friendly and encouraging team environment at Roy Spagnolo & Associates.

Katie-Lee Carlin


Currently studying a Bachelor of Accounting through distance education, Katie assists the team at Roy Spagnolo & Associates with the preparation of Income Tax Returns, Financial Accounts and Business Activity Statements. Katie has previously worked as a Financial Planner Assistant/Client Administration Officer. Katie enjoys the friendly and encouraging team environment at Roy Spagnolo & Associates.

Ravleen Dhillon



Ravleen joined the team in 2019 and has completed a Bachelor of Commerce (Accounting & International Business) and has recently completed the Chartered Accountant (CA) course. Ravleen supports the team in preparation of Business Activity Statements, Financial Accounts and Income Tax Returns. Ravleen enjoys the friendly and supporting environment at Roy Spagnolo & Associates.

Nicholas Furore


Nicholas is an Assistant Accountant and has supported the team with preparation of Financial Accounts, Tax Returns and Business Activity Statements. Since starting with Roy Spagnolo & Associates in 2012, Nicholas has completed Cert III in Accounting and his Diploma in Accounting. Nicholas appreciates working in the friendly office environment and enjoys seeing clients feel welcome when they visit the firm.

Bhavik Padsala


Bhavik is Certified Practising Accountant (CPA) who has recently joined the team and has 7 years of experience working in the Accounting Industry.  Bhavik supports the team in preparing Business Activity Statements, Financial Accounts and Income Tax Returns.  Bhavik enjoys the friendly and supportive environment at Roy Spagnolo & Associates.

Bruno Salvitti


Bruno has commenced employment at Roy Spagnolo & Associates in 2017 after graduating high school and is studying a Bachelor of Accounting through distance education. Bruno enjoys working with the team and is looking forward to his degree.

Iqbaljit Singh


Iqbal has recently joined the team and has completed a Bachelor of Commerce (Accounting & Management). Iqbal supports the team in preparing Business Activity Statements, Financial Accounts and Income Tax Returns. He enjoys working in the friendly, encouraging and professional team environment at Roy Spagnolo & Associates.

Zakia Sultana


Zakia joined the team in 2023 and has completed a Master of Professional Accounting (MPA). Zakia supports the team in preparation of Business Activity Statements, Financial Accounts and Income Tax Returns. She enjoys the friendly and supporting environment at Roy Spagnolo & Associates.

Shaun Villata


Shaun joined the team in May 2022 as a Chartered Accountant and has completed a Bachelor of Commerce with a major in Accounting and Financial Planning.  Shaun is an experienced user in all accounting systems and has broad knowledge in managing and undertaking external audits for all types of entities including ASX listed companies, Associations, Australian Charities and Not-for-profits Commission (ACNC) and trusts. This includes the preparation General Purpose, Reduced Disclosure Requirements (RDR) and Special Purpose financial statements. Shaun enjoys working closely with our clients and assisting in maintaining and developing key client relationships within the firm. Shaun’s aim is to promote and implement changes to systems and processes to improve the alignment of financial sustainability and increase the level of control and efficiency within an organisation.

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