?? Stay Informed with Supervision Group’s Business Acumen!

It is with great pleasure to introduce you to the second edition of "Acumen," your essential resource for navigating Australia's dynamic financial landscape.

Our goal at Acumen is to provide business owners and managers with insightful, timely content designed to boost your leadership skills and enhance profitability. Your feedback is crucial in helping us tailor our content to meet your specific business needs.

The new financial year brings new challenges and opportunities. Compliance costs are rising due to new regulatory requirements, and the Australian Taxation Office (ATO) is becoming more stringent. Global political and economic landscapes continue to change and staying informed and prepared is more important than ever.

The beginning of a new financial year marks a pivotal time for financial planning and strategy in Australia. Businesses need to focus on EOFY tax preparations, understanding new regulatory changes, and implementing strategies for the 2024/25 financial year. We are seeing increased scrutiny from the ATO, particularly regarding compliance and reporting. Additionally, there is a growing emphasis on adopting digital solutions and leveraging technology to streamline operations and maintain a competitive edge.

In this edition, we cover vital topics to support you through these changes. https://us4.campaign-archive.com/?u=9643fe6089c2d4f3166288f97&id=2f564acf9b Explore the balance between work and life, with a focus on navigating awards and the right to disconnect. Discover how cloud-based bookkeeping is revolutionizing accounting practices and gain strategic insights for optimizing your financial operations. We also delve into digital estate planning, Fringe Benefits Tax (FBT) for 2024-25, the role of artificial intelligence in financial analysis, and strategies for managing Div7A loans for tax-efficient business growth.

Navigating the complexities of the new financial year requires staying adaptable and informed. We encourage you to dive into this edition of Acumen for the latest insights and strategies to keep your business thriving. Our dedicated team of business advisors are here to support you with any questions or assistance you may need.

We hope you find this edition both informative and enjoyable.

Best regards,

Clinton Reid CEO