Ask ATO to reverse its credit card payment decision completely not only delay it!

159

Let’s get to 200 signatures!
Petitions with 1,000+ supporters are 5x more likely to win!

The issue

The Australian Taxation Office (ATO) recently announced a decision to remove the option for businesses to pay their tax debts using credit cards. For many small business owners like me, this is more than just an inconvenience; it's a potential threat to our cash flow and financial stability.

As a small business owner, I have relied on the flexibility that credit card payments offer to manage my cash flow more effectively. Being able to spread payments over a month allows me to stay afloat during slower periods or unforeseen expenses. The ability to pay via credit card has been a crucial tool in balancing my business's finances, ensuring that I can meet my tax obligations without compromising on other operational expenses such as payroll, inventory, and marketing.

Small businesses are the backbone of our economy, constituting approximately 98% of all actively trading businesses in Australia. According to a report by the Australian Small Business and Family Enterprise Ombudsman, small businesses employ nearly half of the Australian workforce. The financial strain caused by this decision could lead many small enterprises to struggle, ultimately impacting not just business owners but also employees and the broader community.

Removing credit card options limits our payment flexibility at a time when small businesses are still recovering from the economic impacts of the pandemic. The ability to manage debts effectively can be the difference between survival and closure for many businesses. Keeping credit card payment options available would mitigate financial pressures and provide critical support during these uncertain times.

I urge the ATO to reconsider this decision, understanding that the ability to use credit cards for tax debt payments is crucial for many small businesses to maintain liquidity and financial resilience. By reversing this decision, the ATO can demonstrate support for small businesses, helping to create a more stable and thriving economic environment.

Join me in calling upon the ATO to reverse its decision to remove credit card payment options. Please sign this petition to show your support and help protect the financial viability of small businesses across Australia.

The Decision Makers

Australian Taxation office
Australian Taxation office
Australian Taxation office

Petition Updates