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elitebhy(Newbie)Newbie
28 May 2024

Hi, I have a credit card terminal and I process my own credit card on the terminal to receive funds from which I then use to make BAS payments via BPay.


Are the merchant fees incurred for using my card deductible for this purpose?


It is similar to using a third party service like Sniip and pay com au.

779 views
1 replies
779 views
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Most helpful reply

MelATO(Community Support)Community Support
29 May 2024

Hi @elitebhy,


Yep. You can claim a tax deduction for the everyday running costs of the business that include tax related expenses.

  • These expenses are for things such as:
  • Paying tax agent or bookkeeper fees.
  • And credit card charges, payment fees associated with paying business taxes like a BAS.

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Merchant fees incurred for payment to own account to pay the ATO | ATO Community