- 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.
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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.