ATO credit card ban deferral
The Federal Government has announced a delay to the ATO's credit card ban until June 2027. The article excerpt is truncated, so the reason for the delay and further details are not available.
When will the ATO credit card payment ban start for my tax bill?
Tradies across all trades who pay ATO debts or tax bills by credit card can likely keep doing so until June 2027, though the full details are not confirmed in the excerpt.
Key takeaways
- The Federal Government has delayed the ATO's credit card ban until June 2027.
- The delay was announced following an unspecified event, as the article excerpt is cut off.
- The ban relates to paying ATO obligations by credit card.
Related
Government provides breathing space for builders and tradies on ATO credit card ban
The Federal Government has agreed to delay the ATO's proposed ban on credit card payments for tax debts. The Housing Industry Association welcomed the move, which gives builders and tradies more time to prepare.
Why it matters: Builders and tradies who pay ATO bills by credit card keep that option for now. This gives them time to adjust cash flow and find other ways to pay tax obligations.
Government delays ATO credit card payment changes
The Federal Government has delayed changes to how the ATO handles credit card payments. The ATO will keep accepting credit cards for tax liabilities until the end of the 2026-27 financial year.
Why it matters: Tradies and trade businesses that pay BAS, PAYG or other tax debts by credit card can keep doing so for now, which helps with cash flow. The delay gives time to plan for the change.
ATO payment change adds mounting pressure on home builders
The Housing Industry Association wants the ATO and Federal Government to reverse a decision to stop accepting credit card payments from 30 November. HIA says the change adds financial pressure on home builders.
Why it matters: Builders and other contractors who use credit cards to manage cash flow on tax bills may lose that option. This could tighten working capital for small building businesses.