ATO Makes Business Reporting Easy with an AUSkey
Business and tax professionals in Australia can now easily lodge their business reports online with the Australian Taxation Office.
The ATO is providing a secure interactive way for business owners to conveniently access information, services and functions on ato.gov.au.
The process offers the ease and speed of internet banking in the context of taxation procedures. With the aid of a software, managing taxation details is made quick and easy.
To explore the ATO online services, users will create a secure login (as an individual) or register for an AUSkey (for business and tax professionals). This time-efficient quick process means savings for the business.
The ATO online service allows users to lodge their BAS electronically and do more in less amount of time. Users can securely access a range of online services, such as updating business details. Appointments and schedule management are no longer necessary for lodging reports or business updates.
Getting an AUSkey is a straightforward process that will take only a few minutes. In contrast to the traditional system, ATO online services take off a lot of load from business and tax professionals. In line with advancing technology, the AUSkey system is now made faster and much more user-friendly.
To get an AUSkey, the ATO requires only the business ABN and the TFN, as well as information on some basic questions about the business. In most cases, users get their AUSkey in no time.
The AUSkey is designed to keep users’ private information protected and secure. It prevents unauthorised parties from making transactions on the users’ behalf.
It is up to the ATO online services users to commit their password to memory and keep it safe and secure. Getting an AUSkey is a one-time process only.
The ATO aims to help Australians build a better business by lodging reports online. It has a series of videos to help newbies nail their business reports with the new ATO software.