Debit Tax

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Old Jun 22nd 2005, 6:35 pm
  #1  
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Default Debit Tax

I read on the following url http://www.ato.gov.au/businesses/con...p=001&st=&cy=1

that they ATO we looking to abolish debit tax on the 1st July, but when I spoke to my friends in Mel the other day they didn't seem to be aware of this, have they changed their minds on this issue?

Thanks,

going4it
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Old Jun 23rd 2005, 1:08 am
  #2  
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Default Re: Debit Tax

Originally Posted by going4it
I read on the following url http://www.ato.gov.au/businesses/con...p=001&st=&cy=1

that they ATO we looking to abolish debit tax on the 1st July, but when I spoke to my friends in Mel the other day they didn't seem to be aware of this, have they changed their minds on this issue?

Thanks,

going4it
They may not pay it on anything, (if they do not have a cheque account) and therefore not be aware of it.

What is debits tax? Debits Tax is a tax on debit transactions to accounts with cheque drawing facilities.
Debits Tax - Victoria

Debits tax is to be abolished in all States on 1 July 2005, although it was abolished in NSW on 1 January 2002
 

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