The Addendum to this Ruling will reflect changes to the industry self-regulatory documents containing the definition of ‘ATM’ or ‘ATM Terminal’ (the replacement of the Consumer Electronic Clearing System Regulations and Manual with the Issuers and Acquirers Community Regulations and Code Set).
Updates for this industry change were also made to GSTR 2002/2 Goods and services tax: GST treatment of financial supplies and related supplies and acquisitions in the Addendum to that Ruling that published on 22 March 2023. The update to GSTR 2014/2 also reflects changes in Reserve Bank of Australia rules for merchant surcharging and the Reserve Bank of Australia designation of prepaid cards.
Expected completion
June 2023
Comments
The draft update to GSTR 2014/2DC1 published on 22 March 2023. Comments period closed 21 April 2023.
What this Ruling is about 1
Ruling 3
ATM Services 3
Credit card surcharge 8
Example 1: Credit card surcharge – taxable supply 14
Example 2: Credit card surcharge – agent 16
Example 3: Credit card surcharge – GST-free supply 17
Example 4: Credit card surcharge – apportionment 19
Example 5: Credit card surcharge – incurred after supply 22
Credit card surcharge on payment of taxes, fees or charges subject to Division 81 26
Example 6: Payment for an Australian fee or charge subject to Division 81 27
Debit card surcharge 29
Debit card surcharge – purchase of goods or services 29
Example 7: Debit card surcharge and purchase of goods 34
Debit card surcharge – withdrawal of cash 36
Example 8: Debit card surcharge and withdrawal of cash 37
Debit card surcharge – purchase and withdrawal of cash 38
Example 9: Debit card surcharge – fixed 41
Example 10: Debit card surcharge – percentage 45
Date of effect 48
Appendix 1 – Explanation 50
ATM Services 50
Credit Card Surcharge 60
Credit card surcharge on payment of taxes, fees or charges subject to Division 81 72
Debit card surcharge 75
EFTPOS system 76
Visa Debit system and Debit MasterCard system 80
Debit card surcharge – purchase of goods or services 82
Debit card surcharge – withdrawal of cash 87
Debit card surcharge – purchase and withdrawal of cash 88
Appendix 2 – Detailed contents list 92
Appendix 3 – Your comments 93
Source: ATO
