How to pay ATO tax bills and earn credit card rewards points
For many businesses, tax bills from the Australian Taxation Office (ATO) are among the biggest outgoing expenses each year.
But there is a way you can turn company tax bills into business class flights to help make the painful but necessary expenditure a whole lot sweeter.
With pay.com.au, it is easy to earn credit card rewards points from your ATO tax bills – which will have you jet-setting the world in no time.
You could be living it up with lounge access and kicking back at the pointy end of the plane in business class for that next trip across the ditch to New Zealand.
Banks and other credit card providers are increasingly moving away from awarding rewards points for payments made directly to the ATO.
However, you can still earn credit card points by paying your ATO tax bills through pay.com.au – so that you can continue to rake in the rewards.
With low fees and a simple and easy-to-use interface, pay.com.au can help you do business better.
That next getaway could be a lot closer than you think.
How can I pay my ATO bill by credit card?
Most businesses have traditionally got no kickback for payments made to the ATO.
But with a high points-earning credit card and a pay.com.au account, you and your business could soon be flying high.
Our end-to-end encrypted systems are PCI Data Security Standard compliant and we make it easy to pay the ATO with a rewards credit card.
We specifically list the ATO as a system payee, meaning you don’t need to do much more than select which credit card you want to use to earn points from the transaction.
We accept Mastercard, VISA and American Express credit cards and charge cards.
Why pay your ATO tax bill with a credit card?
Most businesses are seeking rewards points when they use pay.com.au to make credit card payments to the ATO.
However, there are also other benefits of using a credit card to pay your ATO tax bill.
Many business credit cards offer up to 55 days interest free on purchases, which can help make all the difference when temporary cash flow issues arise.
That extra time to pay off ATO tax bills could also save a business interest or fees by giving it the ability to pay down other loans.
How many points can you earn by paying ATO tax bills with a credit card?
Savvy businesses with the right credit card can earn up to 1.25 points per dollar paid to the ATO via pay.com.au.
At that rate, just $66,400 of payments of ATO tax bills would be enough to land you a return business class flight between Melbourne and Queenstown, New Zealand on Qantas.
Business with high turnovers and high tax bills could quickly rack up hundreds of thousands – even millions – of credit card rewards points.
You may never have to fly in economy ever again.
What else can you use pay.com.au to pay for?
We don’t just allow businesses to make tax bill credit card payments to the ATO.
We can also process payments to contractors, suppliers and consultants or assist in paying for equipment and capital goods.
Businesses can even use our platform to earn credit card rewards points for paying rent or employee superannuation.
The points-earning possibilities are endless.
How our fees stack up
We offer the lowest fees on the market for processing credit card payments to the ATO.
And signing up to one of our subscription packages – which come with a range of other benefits – can bring those fees down even lower.
Keeping in mind you may be able to earn two-and-a-half times more points by using pay.com.au to pay the ATO, here’s how our fees stack up.
On our free base package we charge a 1% fee plus GST for Mastercard transactions, 1.20% plus GST for VISA and 2.10% plus GST for American Express.
If our low base rates are not enough, we also offer two cost-effective subscription services – Regular and Premium – which not only come with lower transaction rates but also give pay.com.au member’s access to personalised Points Advice and a Booking Concierge service.
From helping you earn maximum rewards points to finding elusive Business and First Class seats and jetting off wherever your heart desires, pay.com.au can assist along every step of the way to your well-deserved holiday.
How do I sign up?
It’s easy.
Just head to pay.com.au and follow the prompts to sign your business up.
You too could soon be joining our growing number of very happy customers flying at the pointy end of the plane.
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