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.
TL;DR
- 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.