The Australian Small Business and Family Enterprise Ombudsman, Lynda McAlary-Smith, has welcomed the decision that the Australian Taxation Office (ATO) will continue accepting credit card payments until 30 June 2027, describing it as a practical outcome that recognises the cash flow realities facing many Australian small businesses.
Ms McAlary-Smith said access to flexible payment options remains important for many small business and family enterprise operators who carefully manage cash flow while meeting their tax obligations.
"I welcome the Treasurer's announcement that the ATO will continue accepting credit card payments until 30 June 2027" Ms McAlary-Smith said.
"This is a sensible and welcome decision that gives small businesses breathing room and recognises the very real cash flow pressures they are managing."
"For a small business, flexibility in how and when bills are paid can make a real difference to cash flow."
"The ATO has listened to concerns from myself and other stakeholders about the impact this change would have had on small businesses and the need for genuine consultation that reflects the real experiences of business owners who are already managing significant financial pressures."
Ms McAlary-Smith said, "This extension provides valuable breathing room for small businesses who use credit cards as a legitimate cash flow management tool to meet obligations on time and allows consultation about longer term arrangements to take place."
"Small businesses have told us that removing this payment option too quickly would make managing already tight cash flow even harder. It is pleasing to see those concerns heard and acted on."
"This extension provides valuable time to properly consider what comes next and ensure any longer-term arrangements are workable for small businesses."
"While this is a positive outcome, I will continue to advocate strongly for the interests of small businesses and ensure their practical experience is at the centre of the ATO's consultation as I work with them over the coming months."
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