The Aporia
17 articles about 10 events for “ATO Credit Card Ban” in Economy/Business.
“Federal government to fund surcharge costs to delay ATO credit card payment ban after business backlash In short: The Australian Taxation Office will delay the implementation of its controversial credit card ban for up to a year.”
“Appearing on morning television on Friday, Environment Minister Murray Watt said the ATO’s plan to ban credit card payments for tax bills so as not to burden all taxpayers with the associated costs was a completely “independent decision”.”
“Treasurer Jim Chalmers’ intervention to temporarily halt the Australian Taxation Office’s controversial banning of credit card payments to help small businesses is management of a crisis of the Albanese government’s own making.”
“The Australian Taxation Office (ATO) convened a meeting with business lobby groups on Wednesday after an outcry over its move to scrap credit cards as a payment method from the end of November – a change it announced on October 1 as a national ban on credit…”
“Mr McKellar has also slammed the ATO for announcing a ban on credit card payments from November 30.”
“Since the Reserve Bank confirmed in March it would ban credit and debit card surcharges from the beginning of October, small business owners have expressed concern that the sweeping reforms – estimated to save consumers $1.6 billion annually – will leave them…”
“Communications around several issues, including the ATO’s credit card ban, have been sloppy.”
“Businesses are using the recent ban on credit card surcharges as “cover” to pass along much larger price increases to customers, experts say, as cafes and restaurants struggle to cope with climbing costs and rising interest rates.”
“The ATO said last week that it would ban credit card payments because it wasn’t appropriate to pass the $200 million a year in fees on to taxpayers.”
“In response to the surcharge ban, the ATO said it would no longer accept credit card payments from small businesses that use them to pay tax bills in instalments to maintain cash flow.”
“'Un-Australian!' ATO, government slammed as small business owners reach breaking point A small business owner has slammed the ATO after it refused to reverse its ban on accepting credit card payments, and accused the government of being 'un-Australian' as…”
“The fee changes were announced six months ago but it’s only now that Macquarie Bank and the ATO have told anyone that they’ll no longer accept credit cards, forcing renters, strata levy payers and all those with shortly upcoming tax bills to find alternatives.”
“…ed: | Updated: The founder and former CEO of a financially troubled cybersecurity firm was locked out of the company's systems before being accused of racking up significant personal expenses on the corporate card, as debts to creditors soared past $3…”