Jim Chalmers has delayed the Australian Tax Office’s controversial ban on credit card payments from its November start date. Photograph: Darren England/AAPJim Chalmers has delayed the Australian Tax Office’s controversial ban on credit card payments from its November start date. Photograph: Darren England/AAPJim Chalmers delays ATO’s controversial ban on credit card payments following business outcryTreasurer earmarks funds for year-long transition period for tax office, delaying ban’s 30 November start date
A controversial credit card ban for payments on tax bills will be delayed by up to a year after extra funding was announced for the Australian Tax Office.
Treasurer Jim Chalmers announced the move on Friday following backlash from small businesses in response to the ATO’s plan.
The tax office announced the change last week saying it was in response to the Reserve Bank’s ban on credit card surcharges.
More details soon…
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