Herron Accountants

13/10/2026

📢 Update on the ATO credit card payment ban

The ATO’s planned credit card ban, previously set for after 30 November 2026, has been delayed to the end of the financial year.

📌 The ATO will continue to accept credit card payments through to 30 June 2027
📌The ATO will consult with small business on how the ban will be implemented

This means there’s no need to panic about the original 30 November deadline. That said, the change is still coming, so it’s worth thinking about how you’ll manage tax payments and cash flow once cards are no longer an option.

If you're unsure how this affects you, contact our office:
📞 +61 7 3204 4166
📩 [email protected]

05/10/2026

📢 Important change for anyone who pays the ATO by credit card

From 1 December 2026, the ATO will no longer accept credit card payments. The last day to use a credit card is 30 November.

What this means for you:
📌 Check the alternative ways to pay at ato.gov.au/howtopay
📌 If your payment plan is linked to a credit card, you'll need to update it before your next instalment due after 30 November
📌 The ATO is writing directly to people with card-linked payment plans, so keep an eye on your mail and myGov inbox

If you're doing it tough, the ATO says support is available for people experiencing financial hardship.

For further information, read through the full article advised by the ATO:
https://www.ato.gov.au/media-centre/ato-to-stop-accepting-credit-cards-after-30-november-2026

If you're unsure how this affects you, contact our office:
📞 +61 7 3204 4166
📩 [email protected]

07/09/2026

28/08/2026

Starting a new business or restructuring?

📌 Heads up — new AML/CTF requirements mean we may need to ask a few extra questions along the way.

Get in touch with us early and we'll help sort the paperwork so your new venture gets off to a smooth start.
📞 +61 7 3204 4166
📩 [email protected]

21/08/2026

Heads up for SMSF investors!

From Monday 10 August, super funds can no longer borrow to help buy residential property (and some other property types).

If you're eyeing your next SMSF investment, talk to us before you sign anything. We're happy to walk you through what this means for you.
📞 +61 7 3204 4166
📩 [email protected]

19/08/2026

📢 Heads up for business owners: the ATO has automatically moved some employers to monthly PAYG withholding from July 2026 (previously quarterly).

Combined with payday super rolling out, this could mean extra pressure on your cash flow.

If you're not sure whether this affects you, or need help lodging monthly activity statements, give us a call, we're here to help.
📞 +61 7 3204 4166
📩 [email protected]

11/08/2026

The ATO is keeping a much closer eye on work-related car expense claims this tax season, especially two common habits: claiming the trip from home to work, and always claiming the maximum 5,000km.

We wrote all about it (and what it means for your tax return) in a new article on our website. Read it for yourself 👇
https://www.herronaccountants.com.au/why-the-ato-emailed-500000-australians-about-car-claims/

Got questions about your own car claim? Give us a call, we're happy to help.
📞 +61 7 3204 4166
📩 [email protected]

07/08/2026

Our July newsletter is out! 📰

This month we cover the ATO's crackdown on car expense claims, how to spot ATO impersonation scams and what's changing with negative gearing for property investors.

Read the full newsletter: https://www.linkedin.com/feed/update/urn:li:activity:7491340706389700608

Want this straight to your inbox every month? Subscribe here:
📥 https://www.herronaccountants.com.au/subscribe/

26/06/2026

Our June newsletter is out now! 📰

Catch up on:
· Tax return preparation & Lodgement reminders
· Tax deductions
· Superannuation

Check it out and stay in the loop!
👉 https://www.herronaccountants.com.au/subscribe/