"The ATO ban on credit card payments could have further unintended consequences of its own. Consider a business with a $10,000 tax liability, but insufficient cash available to meet its tax obligations. Paying by credit card extinguishes its ATO debt, effectively transferring the liability to its bank. But removing this option doesn’t create the missing $10,000. If a business can’t pay it, that debt sits with the ATO."
#creditcard — Public Fediverse posts
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