ATO Delays Start of Credit Card Payment Ban After Backlash
Treasurer Jim Chalmers on Oct. 9 announced extra funding for the ATO to push back the deadline from its initial date of Nov. 30.
The Australian Tax Office (ATO) will continue accepting credit card payments until mid-2027 due to significant backlash from small businesses. Treasurer Jim Chalmers announced additional funding to extend the deadline beyond the initially planned November 30 date. This decision acknowledges concerns that the original timeframe was insufficient for businesses.
- ATO will continue accepting credit card payments until mid-2027.
- Decision follows strong backlash from small businesses.
- Treasurer Jim Chalmers announced extra funding to delay the deadline.
- Original deadline was November 30.
- Concerns were raised that the initial timeframe was inadequate.
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