Government to fund surcharge costs to delay ATO credit card payment ban | ABC NEWS
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The Australian Taxation Office will delay implementing its controversial credit card ban until the end of the financial year. Treasurer Jim Chalmers has announced the government will cover the cost of the delay. The tax office justified the move by saying it would cost $200 million a year to absorb the fees. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-10-09/credit-card-ban-ato-tax-small-business/107246990 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia
Tags: Australia, abc, abc news, news, Credit card ban, ATO, credit card, ban, Chalmers, Treasurer, Jim Chalmers, auspol, Reserve Bank, tax, small businesses, coalition
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