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ATO extends transition period for taxpayers using credit cards until June 30 next year

THE Australian Taxation Office (ATO) has suspended its plan to deny payments by credit card from November 30. It has agreed to continue accepting credit card payments for tax obligations until June 30, 2027.

An ATO spokesperson said the change followed "discussions with the government and the provision of transitional funding".

"We will continue to consult with relevant stakeholders and stewardship groups to understand how best to support those experiencing financial hardship and identify alternative arrangements for businesses and individuals who are unable to pay via other methods," the ATO said in an official statement.

"Taxpayers who wish to continue using a credit card to meet their tax obligations after 30 June 2027 may continue to use third-party payment providers. The ATO encourages taxpayers considering these options to carefully consider relevant fees, charges and processing timeframes.

"The ATO also encourages taxpayers to remain vigilant against scams and verify the credentials of any third-party providers before sharing information or making payments."

The ATO said taxpayers needing additional support "are encouraged to contact the ATO or speak with their registered tax professional".

www.ato.gov.au

 

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