Business groups are demanding an explanation for why they were kept in the dark for months about the Australian Taxation Office’s plan to ban credit card payments. Assistant Treasurer Daniel Mulino said the government learned in July that the ATO could refuse card payments, and the ATO decided in late September, just before the Reserve Bank’s surcharge ban took effect in October. After an outcry from small businesses, the government agreed to cover card fees until the end of the financial year, as talks with card companies on a transition period had failed. Australian Chamber of Commerce and Industry CEO Andrew McKellar said businesses were told only hours before the surcharge ban took effect, calling it a process that “cannot be repeated.” Industry Minister Tim Ayres said a permanent reversal of the ban was unlikely, while shadow treasurer Tim Wilson accused the government of treating small business as a revenue source.
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Original headline: Cant be repeated : revolt over card ban blackout
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- Cant be repeated : revolt over card ban blackout
Business groups have demanded an explanation for being kept in the dark for months about the Australian Taxation Office's plan to stop accepting credit card payments. Assistant Treasurer Daniel Mulino said the government learned of the plan in July, while the ATO decided in late September to proceed, timed with the Reserve Bank's October ban on card surcharges. After a small business backlash, the government agreed to cover card fees until the end of the financial year and urged a transition period, which Mulino said was still the best approach. Australian Chamber of Commerce and Industry chief executive Andrew McKellar called the process deficient, while Industry Minister Tim Ayres said reversing the ban was unlikely. Shadow Treasurer Tim Wilson said businesses should not have to learn about such decisions from the newspaper.
- Can't be repeated: revolt over card ban blackout
Business groups are demanding an explanation for why they were kept in the dark for months about the Australian Taxation Office's plan to ban credit card payments for tax bills. The government says it learned in July that the ATO could refuse card payments, and the ATO decided in late September to proceed, timed with the Reserve Bank's October ban on card surcharges. After an outcry from small businesses, the government said it would cover card payment fees until the end of the financial year, acknowledging that the two-month transition period was not enough. Industry Minister Tim Ayres said a permanent reversal of the ban was unlikely, while shadow treasurer Tim Wilson and the Australian Chamber of Commerce and Industry criticised the lack of notice and called for a lasting solution.
- Can't be repeated: revolt over card ban blackout
Business groups are demanding an explanation for why they were kept in the dark for months about the Australian Taxation Office's plan to ban credit card payments for tax bills. Assistant Treasurer Daniel Mulino said the government learned of the plan in July, and the ATO decided in late September to proceed, when a Reserve Bank ban on card surcharges took effect. After small business complaints, the government will cover card payment fees until the end of the financial year. Australian Chamber of Commerce and Industry chief executive Andrew McKellar said the process 'cannot be repeated', while Industry Minister Tim Ayres said the ban is unlikely to be permanently reversed. Mulino warned that accepting credit cards indefinitely would have serious fiscal ramifications for the budget.
- Cant be repeated : revolt over card ban blackout
Business groups want an explanation for why they were kept in the dark for months about the Australian Taxation Office's plan to stop accepting credit card payments. Assistant Treasurer Daniel Mulino said the government learned of the plan in July, and the ATO decided in late September to bar card payments just as the Reserve Bank's surcharge ban took effect. After an outcry from small business, the government agreed to cover card fees until the end of the financial year and urged the ATO to negotiate a transition period with card companies. Australian Chamber of Commerce and Industry chief Andrew McKellar said businesses learned of the change only hours before the ban, calling the process one that 'cannot be repeated'. Industry Minister Tim Ayres said a permanent reversal of the ban was unlikely, while shadow treasurer Tim Wilson blamed the government's inflation agenda for treating small business as a revenue source.
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- Cant be repeated : revolt over card ban blackout
Business groups are demanding an explanation for why they were kept in the dark for months about the Australian Taxation Office (ATO) plan to stop accepting credit card payments. Assistant Treasurer Daniel Mulino said the government learned of the plan in July, and the ATO decided in late September to refuse credit card payments for tax bills, timed with the Reserve Bank's surcharge ban that took effect in October. After an outcry from small businesses, the government will cover card fees until the end of the financial year and urged the ATO to negotiate a transition period, though the two-month window was deemed insufficient. Australian Chamber of Commerce and Industry chief executive Andrew McKellar said businesses learned of the change only hours before it took effect and that the process 'cannot be repeated'. Industry Minister Tim Ayres said the ban is unlikely to be permanently reversed, while shadow treasurer Tim Wilson said small businesses are treated as a revenue source.
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