Many business transactions and reporting are done with online services such as PLS (Practitioner Lodgment Service), ELS (Electronic Lodgment Service), ABR( Australian Business Register) and Tax Agent portal. The working nature of these services is explained in details:
Practitioner Lodgment Service: PLS can be made by using standard business reporting enabled software. If anybody uses desktop software they can place reports through the PLS.
Electronic Lodgment service: ELS can be used for income tax returns to work with clients in terms of electronics.
Tax agent portal: This can be utilized to communicate in online with client to update and view clients registration details, to view account information of clients, and to prepare, view, print, lodge activity statements of the clients
Australia Business Register: A person can access their client’s ABN details in online by using the ABR external link for this person have to use AUSkey to login to apply for TFN, to change safe ABN information