Pay Interest to ATO, Not Banks: Government Defends Credit Card Tax Payment Ban
Assistant Minister Andrew Charlton says struggling small businesses should set up payment plans with the ATO as a credit card ban comes into place.
TL;DR
- ATO stops accepting credit card payments for tax bills.
- Labor backs the ATO's decision.
- Small businesses are encouraged to arrange interest-bearing payment plans with the ATO.
- This move is linked to government efforts to eliminate card surcharges for shoppers.