- Sep 29, 2020
I'm after some quick advice. I sold some shares that I'd held for many years and I now have a $90k capital gains tax bill to pay as part of my income tax assessment. This is a personal income tax issue, not a business tax one. I've only just received the assessment but the due date for payment is listed as 8 June 2021. This is all very new to me so some assistance would be appreciated. How much attention do I need to pay to the due date having already passed? Is it worth paying this with a credit card in order to get points? I have a Macq Bank QFF visa card and a grandfathered AMEX platinum reserve credit card (which is my preferred CC for points with SQ). I also have a sniip account but have never used it.
Or should I just pay the amount via bpay from a bank account?
Could be worth looking at YAKPAY as well as they are giving bonus points for ATO payments. Just work out what works best for you : Points for cost etcSniip is 1.5% using Amex and earns full points for ATO, so if you value your points/miles gained more than the surcharge, then yes pay with the credit card via Sniip.
Yes, but the reduced fee method still worked for me about three week late ago.
Their 3 month intro rate is finishing for me soon as well. Interestingly, I expressed interest in a beta of "PayRewards". I have an appointment with them next week.