GgoogleAU first seen 5 h ago, last 4 h ago, peak #8

ATO credit card ban sparks backlash from Australian businesses

Original: ato credit card ban

Australia's tax office is moving to restrict businesses from claiming deductions on credit card fees, a change being described in local media as a new tax on Aussies. The Daily Telegraph reports the ATO is doubling down on the measure, which would punish businesses already dealing with rising costs. Small business owners and commentators are pushing back, arguing the change adds another financial burden at a difficult time for the sector.

Why now: The ATO's crackdown on credit card fee deductions directly affects Australian businesses and is being framed as a fresh tax hit.

Australian Taxation OfficeThe Daily TelegraphAustralian small businesses

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Evidence

• Aussies under a tax: ATO doubles down on punishing businesses · The Daily Telegraph

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