Small business owners demand permanent fix to ATO payment rule
75% of surveyed small businesses worry the new rule will make cash flow harder.
Small business owners are heading to Canberra. They want the government to cancel plans to stop the ATO accepting credit card payments for tax bills.
The ATO originally planned the ban for December 2026. It delayed the ban to July 1, 2027 after backlash.
Business leaders say the delay is not enough. They want a permanent solution.
Belinda Raso is the founder of Tax Invest Accounting. She told Sunrise on Monday the past year has been "a year of hell for small business".
A survey of 514 small businesses found 75% were concerned. They worried the change would make paying tax or managing cash flow harder.
The ATO said stopping card payments would save it almost $200 million a year in processing fees.
- $200 million
- Annual processing fees ATO said it
- 514
- Small businesses surveyed
- 75 per cent
- Concerned about cash flow impact
- 3 million
- Small businesses in Australia
Why it mattersSmall businesses rely on flexible payment methods to handle cash flow. Losing credit card payments could squeeze thousands of operations and the workers they employ.
AustraliaOver 3 million small business operators in Australia and 5 million of their employees could face cash flow pressure if the rule takes effect.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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