ATO Credit Card Fees

In the context of excessive and curious credit card surcharges the ATO seems to be on top of the game. I have not seen such a hit for foreign cards before. It seems to come with anything foreign from backpackers tax rates to visitor health insurance to whatever.

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Advice is a business can claim card fees for GST but surcharges for income tax is not on since it is interpreted as a loan regardless of whether paid in full each month or not.

Australian Government, discovering new ways to extract dollars to supplement tax income every day. Ka-ching!

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