Labor knew in July, months earlier than previously admitted, that ATO planned to ban credit card payments
Assistant treasurer Daniel Mulino says ‘what we did was to insist there be a transition period’.
Since then government has pushed back change to mid-2027 The federal assistant treasurer has conceded he and Jim Chalmers knew the Australian Taxation Office was considering banning credit card payments in July, more than two months earlier than the government has previously admitted.
Labor has intervened by funding the ATO to delay the credit card ban for tax bills until July 2027 following a widespread backlash from small businesses.
Continue reading...
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.theguardian.com — the content belongs to The Guardian Australia - Australia News.