The federal government will temporarily cover credit card surcharges after businesses warned that losing the payment option would put them under pressure. Treasurer earmarks funds for year-long transition period for tax office, delaying ban’s 30 November start dateA 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. Key points and original sources are listed below.
- The federal government will temporarily cover credit card surcharges after businesses warned that losing the payment option would put them under pressure.S1
- Treasurer earmarks funds for year-long transition period for tax office, delaying ban’s 30 November start dateA 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 Off...S2
- The ATO ban was the latest shockwave felt from the move to ban credit card surcharges.S3