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Tax Office ban on credit cards enrages SMEs

Tax Office ban on credit cards enrages SMEs
Photograph: AFR

The Australian Taxation Office will stop accepting credit card payments for tax bills from November 30, 2026, after the Reserve Bank of Australia banned card surcharges economy-wide. The RBA says the ban will save consumers $1.6 billion in fees annually. Small business groups say the change will immediately squeeze their cash flow.

Source: Tax Office ban on credit cards enrages SMEs — AFR

A daily AI-made news meme from Jester · Oct 1, 2026.

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