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Earn Credit Card Points When You Pay Your Tax Bills

Every business comes with unavoidable expenses, and tax bills are at the top of the list. While the costs can be hefty, what if you could earn frequent flyer points while making your payments to the ATO?

As long as you go about it correctly, you can definitely pay your ATO tax bill using your business credit card, allowing you to earn maximum reward points!

This article will explore your options for paying the ATO via credit card, the fees associated with paying via credit card, and the best way to maximise the rewards points you receive from paying your tax bill (including a great hack for earning extra Qantas Points!).

Can you pay the ATO by credit card?

Yes, you can pay the ATO using your credit card – including Visa, MasterCard or Amex. The fees associated with paying the ATO vary based on which card you use, so make sure you use the chart below to identify exactly how much you’ll be charged in credit card fees.


Does the ATO accept Amex payments?

Yes, the ATO accepts payments from Amex cards. However, the fee for paying the ATO with an Amex card is 1.45%, which is significantly higher than other domestic credit cards.


What are the benefits of paying the ATO by credit card?

There are some good reasons why paying your tax bills by credit card makes sense:

Cash flow

Paying the ATO by credit card means the money doesn’t leave your bank account straight away. Instead you can hold onto your cash during the interest-free period on your credit card, and it won’t cost you any interest if you pay your credit card bill on time^. It can also help you avoid any late payment fees or interest charges if you don’t have the cash available on the due date.

Credit card fees may be tax-deductible

You may be able to claim your credit card processing fee as a tax deduction for your business, which helps offset the additional cost of paying ATO bills by credit card. However, any interest you pay for late credit card payments is generally not tax-deductible.

Credit history

Paying your bills by credit card can be good for your credit history, provided you always pay your credit card bills on time.

Reward points

You may be able to earn rewards points on your tax payments, which wouldn’t be possible if you pay the ATO straight out of your own pocket.


What should I watch out for when paying the ATO by credit card?

Reduced or zero rewards points earned

Traditionally, the big downside of paying ATO and government bills – and other bills such as insurance, rates and utilities – on credit card is that these billers are often categorised by your card issuer to earn reduced or ZERO credit card rewards points.

In other words, they’ll let you pay these bills using your credit card (and charge you a credit card processing fee), but you won’t get the full benefit of rewards points.

ATO credit card payment fees

Another downside of paying by credit card is that you’ll pay a card payment fee that wouldn’t apply if you were paying by direct debit.

The ATO charges the following card payment fees:

 Card  Fee
 American Express  1.45%
 MasterCard – International  2.70%
 MasterCard – Domestic Debit  0.15%
 MasterCard – Domestic Credit  0.70%
 Visa – International  2.70%
 Visa – Domestic Debit  0.15%
 Visa – Domestic Credit    0.78%


The trade off with card payment fees is that higher fee cards often earn more reward points per dollar than lower fee cards, so the extra benefit may outweigh the extra cost.

Interest if you don’t pay your card off

If you don’t pay off your credit card bill by the due date, you could end up paying additional interest to your card issuer on top of your ATO tax bills and card payment fees.

Some credit cards charge as much as 20% p.a. interest on overdue amounts, which could mean a significant penalty if you’ve put a large tax bill on your card. Again, any interest you pay for late credit card payments is generally not tax-deductible.


How do I get the most rewards point when I pay the ATO by credit card?

While card issuers will give you reduced or zero credit card reward points when you pay the ATO, you can increase the reward points you earn by using a third-party payment service like B2Bpay.


What is B2Bpay and how does it work?

B2Bpay is a third-party payment service that allows you to pay all your business expenses* online using your credit card.

Unlike using credit cards directly, B2Bpay allows you to pay the ATO while earning FULL credit card points (including Amex).

That means you can earn at least double the credit card points^ than if you paid directly, without paying double the credit card processing fee. Plus you can receive additional bonus Qantas Points on top of that, helping your reward points stack up even faster.


How many points can I earn (and what can I do with them)?

If you paid $240,000 per year in BAS, payroll taxes and other business expenses using B2Bpay, you could earn:

    • 240,000 Qantas Points (or credit card points) every year*, plus
    • 2,400 Qantas Points for your business every year (or even more by paying B2Bpay Bonus Billers).

How much does it cost to use B2Bpay?

The only fee for using B2Bpay is a card processing fee – which ranges from 1.2% to 2.4% excl. GST (or 0.84% to 1.64% after eligible company tax deduction) depending on your card type.

This fee is outweighed by the value of the credit card and Qantas Points you can earn, plus the cash flow benefits of holding onto your cash longer.


Get started now

Paying your ATO bills by credit card offers a number of potential benefits for business owners, including credit card reward points. And if you’re disciplined about paying your credit card off each month, these benefits can easily outweigh the additional costs.

To start turning your tax bills into rewards points, join B2Bpay free below or click here to find out more.

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How to Accept Credit Card Payments On Your Invoice For Free

Receiving payments on time feels great, chasing invoices doesn’t. Whether you’re running your trade business or own a marketing agency, it can be a big task to stay on top of who has paid and what is still outstanding.

An automated payment process that is convenient for both you and your clients can prevent admin headaches and flexible options that encourage immediate payment can keep your business revenue flowing nicely.

Did you know that you can accept credit card payments directly from your invoice…for free?


Collect payment quickly and efficiently


Firstly, here are some basic tips we think can help you set up a bulletproof invoice system. After all, you’ve done the hard work–now it’s time to get paid!

  • Send the invoice to your client as soon as services are rendered. Keep your business and the awesome work you did fresh in their minds.
  • Clearly state payment terms and due dates. Whether that’s 14, 30 or 60 days.
  • Provide multiple payment options on your invoice so your customers can always make a payment whenever and wherever they are
  • Make your payment options as convenient and easy for the client as possible so they can pay immediately. No fuss. Just a few easy clicks.


B2Bpay: Convenient. Easy. Free


With Australia gradually becoming cashless, businesses are turning to digital payments more and more. A Deloitte whitepaper states that 82% of businesses find that credit and debit card is a faster way to make payment.

B2Bpay is a secure online payments solution that accepts all credit cards without any cost to you. You couldn’t make it any easier for your customers to pay you.

Imagine being paid immediately after sending an invoice! By linking B2Bpay on your invoices, customers can pay you online with any credit card via a branded payment page. Voila! Instant payment.


How does B2Bpay work?


B2Bpay is completely digital, accessible 24/7, and mobile optimised, making the process straightforward. The steps couldn’t be any easier:

  1. Invoice your customer with the B2Bpay payment option included.
  2. Your customer pays via an online payment page with your branding using their nominated credit card
  3. Funds are transferred to you via EFT or BPAY within 3 business days.
  4. B2Bpay can easily be integrated to your accounting software, whether that be Xero, MYOB, QuickBooks . No need to spend precious time tediously crosschecking bank statements or manually entering customers’ credit card details.


With B2Bpay, you also generate points each time you’re paid. You earn 1 Qantas Point is for every $20 paid to you via Mastercard or VISA.


Becoming a B2Bpay Biller:


Setting up B2Bpay for your business’ accounts receivable is easy. Most importantly, it’s free. There’s no monthly charges, no merchant service fees. No additional costs to you at all. To join B2Bpay as a biller, all you need to do is:


  1. Fill out the online form.
  2. Wait for a B2Bpay customer specialist to contact you for further details about your business and request your logo.
  3. Have the B2Bpay team set up a payment portal for you. They will also provide information to add to your invoice.
  4. Add the information to your invoice and you’re ready to go!


Why B2Bpay?


B2Bpay rewards your business for getting paid. So, if it’s free to set up, why wouldn’t you use B2Bpay? Invoicing can be an admin nightmare as well as taking you away from focusing on your business. B2Bpay completely eliminates that hassle.

As a B2Bpay Biller, your business will grow and thrive because you will:

  • Get paid faster and reduce payment chasing
  • Improve cash flow
  • Reduce bad debt
  • Offer your clients a convenient payment option
  • Be able to track what’s been paid from any device at any time
  • Have easy to use reports for forecasting and monitoring pending payments

Avoid having to make that dreaded late payment phone call to your clients. Have them pay you without the chase.

Sign up today to become a B2Bpay biller at no cost. If you have questions or would like to speak to one of our specialists, call 1300 205 575.

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Tips On How To Use Your Business Card to Maximise Value

Despite more and more Australians going cashless, there’s still many who don’t accept credit card payments. Frustrating, right? Especially when you just want to use your business credit card and earn some points along the way. Read on as we uncover how you can enjoy extra benefits and perks from your business card to maximise value–even when your biller doesn’t accept credit card. Yes, it is possible!


Why get a business credit card?


Still tossing up on whether to just keep paying both personal and business expenses on your personal card? Our reasons will help you make a very clear decision to sign up for a business credit card. You won’t look back.

1. Keep It Separated

Paying business related expenses on your business credit card takes away a huge headache come tax time. All expenses are conveniently recorded on your business credit card. You no longer waste precious admin going through all your statements with a fine tooth comb.

2. Flexibility

Let’s face it. When running a business, cash can sometimes be tight. If a big business expense is coming up but you’re still waiting for a client to pay up, a business credit card will help you out of hot water. When looking for the right card, be sure to compare interest rates charges and annual fees. Also check the interest free period.

3. Additional Perks

Different cards offer different rewards programs. Some may offer more credit card points per every dollar spent while others offer cash back for travel, hotel accommodation, cash, even petrol. Find the right rewards program that is is most lucrative and suited to your business needs!

And whatever credit card you decide to go with, make sure you can maximise those rewards.


What is B2Bpay?


B2Bpay is a secure online platform that provides a seamless payment process. As a centralised solution, you can pay all your business expenses with a credit card, giving you maximum potential on earning points. Even if the biller doesn’t accept credit card payments, B2Bpay will transfer funds by EFT or BPAY.

You get to make payments hassle-free and still enjoy earning your credit card rewards.

Registration for a B2Bpay account is easy. All you have to do is:

  1. Complete the online form
  2. Upon receiving a Welcome Email, a password set up link will be included
  3. Login, pay bills and start earning points on all your business expenses. As an option, you can also connect B2Bpay to your accounting software.

By using B2Bpay, payments can be scheduled as one-off, automatic or future-dated, avoiding late payment fees. Billers are paid EFT or BPay within 3 days and there is no extra cost to them. Financial benefits for everyone!


Earn Credit Card and Qantas points on ALL business expenses


Once setting up your B2Bpay account, you can immediately start earning credit card and Qantas points.

B2Bpay takes away the hassle of all that extra paper work when filling out a different payment form for each biller. Even if the biller doesn’t accept credit card, B2Bpay accepts your business credit card so you can generate points with every business expense paid.

Dreading those big ticket bills like telcos and insurance? With B2Bpay, you still earn full points, even with ATO and government payments. With many credit cards, you earn no or reduced points when paying them directly. It’s just another great reason to use B2Bpay and maximise the value of your business credit card.


B2Bpay: Profitability through payment


A Deloitte report investigating how small-medium sized businesses can optimise opportunities in digital payment discovered that, “By utilising the B2Bpay platform, SME’s could attract significant value, potentially at a level of approximately 7% of expenses paid.”

Complete digital access from any device makes B2Bpay the most efficient payment solution and helps cut administration time and additional banking costs. No more cumbersome paperwork!


Why B2Bpay?


Who would’ve thought paying business expenses can actually help your business grow and thrive? The benefits of making payments through B2Bpay include:

Boost cash flow

Cash flow is the backbone to any business. With B2Bpay, you can take advantage of your credit card’s up to 55 day interest free period, meaning you can better manage and boost your business’ cash flow.

Get ahead of payments

The B2Bpay dashboard gives you full access and visibility to all payments. Setting scheduled payments help you monitor expenses. No more shocks from sudden bills or scrambling to make last minute payments!

You can check out what’s already been paid and what’s pending. Remember: Keeping realistic forecasts can help your business grow and thrive.

It’s not a cash advance

Unlike B2Bpay, other payment systems immediately charge an interest. There is also no opportunity to earn points. The B2Bpay platform encourages businesses to increase their profits through payments.

B2Bpay: Endless potential

B2Bpay offers invaluable opportunities in earning points through payments and making the most of your business credit card. The moment you start a B2Bpay account, the potential to build more financial success for your business is endless. Why wait?

Click HERE to sign up to B2Bpay today and maximise your business card’s value with credit card and Qantas points.

Call 1300 205 575 to speak to one of our specialists or drop us a line.

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How Does the Qantas Business Rewards System Work?

One of the most popular B2Bpay benefits is the ability to earn Qantas Business Rewards points when you make or receive eligible payments. But many B2Bpay merchants and customers might be wondering–how exactly does the Qantas Business Rewards system work? We’ll take you through the details below.


How does Qantas Business Rewards work?


Unlike Frequent Flyers, which is offered for individuals, Qantas Business Rewards is a rewards program designed for Australian small to medium sized businesses. An active ABN is required. Qantas Business Rewards members can access exclusive discounts on eligible Qantas flights, upgrades and hotels.

You and your employees can earn Qantas Points for your business for expenses such as Qantas flights, hotels, car hire and much more. Near or far, every business trip will earn points.


How are points earned?


With over 50 service partners, Business Rewards members are able to earn points when paying car hire, petrol, credit card spend, office supplies, equipment and technology.

Even when paying business expenses like utility bills or ATO payments, there’s an opportunity to generate Qantas Business Reward Points. B2Bpay is a Qantas partner who offer 3 Qantas Points for every $1.50 spent.

As a secure online payment portal, B2Bpay allows you to pay all of your business expenses using your existing business credit or debit card. From buying new office software to paying the electricity bill, you will earn Qantas Points with B2Bpay transactions.


How can points be used?


The Qantas Business Rewards program allows its members to treat themselves, as well as their staff, to a wide range of services. Alongside flights, hotel and flight upgrades, the points can be used for:

  • Car hire
  • Gift cards
  • Discounted membership for Qantas Club
  • Shopping at the Qantas Rewards Store, with over 8,000 products to choose from, including electronics, homeware and luggage
  • Wine

By using the Qantas Calculator, Business Rewards Members can get an idea of how they can use their points.


Can points be transferred to a Qantas Frequent Flyer account?


Qantas makes it super easy for you to move points over to an individual Frequent Flyer account. Business Rewards members simply head over to the Qantas website and log in to the Transfer Points page.

You can choose who you want to transfer the points to by entering the recipient’s name and Qantas Frequent Flyer number. As long as it’s a minimum of 3,000 points, there is no limit to how many points you can transfer.


Can you join the Qantas Business Rewards program for free?


Yes! For a limited time only, you can become a Qantas Business Rewards member for FREE. Start earning Qantas Points for you and your business today!


How can you earn Qantas Points through B2Bpay?


When you sign up to receive payments, you’ll be able to include B2Bpay payment info directly on your invoice. You can do this from within your accounting software including Xero, MYOB and Quickbooks (plus others). Payments are made via the customer’s elected credit card, and funds are transferred to you by EFT or BPAY within 3 business days.

Then, you’ll receive 1 Qantas Point for every $20 paid to you via Mastercard or VISA and watch your points grow!

B2Bpay special offers:


B2Bpay is currently offering a special limited offer for businesses to easily earn Qantas Points!

Sign up to B2Bpay by 8 November to earn 20,000 Qantas Points when receiving up to $20,000 worth of payments from clients before 30 November, 2020.

Want to earn 30,000 Qantas Points? Sign up to B2Bpay by 8 November and set up your system to receive and make payments. Then all you have to do is make a total of $10,000 in payments and receive a total of $20,000 payments or more before 30 November, 2020.

B2Bpay has never made it easier for businesses to be paid. No more invoice chasing. No more additional admin work.

Join B2Bpay for free and start making more of a profit through your invoices.

Need to speak to a specialist? Call us on 1300 205 575 or drop us a line.

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What Our Customers Are Saying

"Great service overall! Fantastic customer service and a very helpful support team really gave me confidence early on in my B2Bpay journey! I really do recommend for anyone who wants to get value and pay it your own way."
James Donaldson
Google Reviews

If you’re considering offering card payment options to your customers, you’ve no doubt discovered that there are a variety of services to choose from. The choice can be overwhelming, so you may be wondering—what sets B2Bpay apart? We figure there’s no better way to tell you than to share what some of our 11,000  B2Bpay customers are saying themselves!

Many of B2Bpay’s benefits are clear. When it comes to receiving payments, B2Bpay allows you to get paid faster by accepting all card payments, at no cost to you. Payments are seamless, with customers simply needing to click a ‘Pay Now’ button on your invoice to open a secure payment page with your logo. Plus, getting set up to use B2Bpay is easier than many other platforms, with no IT build, bank set up, or MSF fees.

And if you’re looking to make payments with B2Bpay, you’ll be able to improve cash flow, save time, and pay ALL your bills using any credit card. Better yet, you’ll be able to view and pay these bills from most major accounting platforms with one of our convenient software integrations.

But beyond the technical, B2Bpay offers a personal experience many of our competitors don’t—top notch customer service from an Australian-owned and based company.

Now let’s see what our users have to say!

Google Reviews

Xero Marketplace Reviews

Facebook Reviews