council reduce charges pay costs additional improve drivers rules icc surcharging union sb alleges allows debt second aims duty able 15kcrore brs business states cess times employees virtual trying used

Articles for Surcharges

I'm an Aussie running more than a dozen cafes in the UK and this is the infuriating thing businesses need to change back home
2 weeks, 2 days ago

I'm an Aussie running more than a dozen cafes in the UK and this is the infuriating thing businesses need to change back home

Daily Mail  

An Aussie expat running over a dozen cafes in London has called on companies back home to take on the cost of card surcharges instead of passing them onto customers. Urban Baristas co-founder Huw Wardrope said Australia is behind the ball in limiting card surcharges for customers after the European Union and UK banned them in early 2018. An Aussie …

Payments Digital Payments Commonwealth Fees Cost Card Customers
More than 30 Australian laws changed overnight. Here's what's new
3 weeks, 4 days ago

More than 30 Australian laws changed overnight. Here's what's new

ABC  

Dozens of new laws will come into force after a late-night scramble by the government to tick off most of its to-do list in a single night. The laws also clarify complainants may publish self-identifying information, or give consent for others to do so — an issue brought to prominence by former Australian of the Year Grace Tame. The new …

Social Media Australia Tax Pay Rules Thursday Night Big
Surcharge revenue triples in two years to Rs 1.39 lakh crore
1 month ago

Surcharge revenue triples in two years to Rs 1.39 lakh crore

Deccan Chronicle  

Chennai: The surcharges levied by the government upon different taxes tripled in the past two years to a total of Rs 1.39 lakh crore in FY24 against Rs 40,758 crore in FY22. Of the surcharge revenue received in FY24, that from corporate tax accounted for Rs 59,000 crore and that from income taxes other than corporate tax stood at Rs …

Tax Income Tax Corporate Tax Surcharge Revenue Cent Two Years
Proposed debit card surcharge 'crackdown' receives mixed reaction among customers, small business and big banks
2 months, 1 week ago

Proposed debit card surcharge 'crackdown' receives mixed reaction among customers, small business and big banks

ABC  

Wendy Armitage was expecting the "ouch factor" when she went to pay her bill at a car repair shop in Adelaide a fortnight ago. "On their sign beside the point of sale, it was stated that there was a card surcharge of 16.5 per cent," she told The Business. Small businesses like Hamed Allahyari's cafe in Melbourne's west are also …

Payments Small Business Costs Small Businesses Payment Cost Businesses
Anthony Albanese set to ban card surcharges for cashless payments: 'Consumers shouldn't be punished for using cards'
2 months, 1 week ago

Anthony Albanese set to ban card surcharges for cashless payments: 'Consumers shouldn't be punished for using cards'

Daily Mail  

BY FREDDY PAWLE Australia is rushing towards becoming a cashless society but not everyone is ready to wave goodbye to physical currency - and there are good reasons why. 'The shift towards a cashless society in Australia isn't just a possibility, it's already well underway,' RMIT Associate Professor in Finance Angel Zhong said. 'The functionally cashless society is where we …

Society Money Digital Payments Digital Rba Cash Daily Mail
Federal government promises to crack down on card surcharges by 2026
2 months, 1 week ago

Federal government promises to crack down on card surcharges by 2026

ABC  

There is an end in sight for consumers getting hit with sneaky surcharges when they pay on card, with the federal government prepared to ban the practice by 2026, promising to give consumers and small businesses "a fair go". He said less than 12 per cent of retail transactions were now made using cash, but despite payment service providers and …

Small Businesses Rba Card Surcharges
5 states seek larger share from 16th Finance Commission
3 months, 1 week ago

5 states seek larger share from 16th Finance Commission

Hindustan Times  

Kerala chief minister Pinarayi Vijayan said on Thursday that the 16th Finance Commission should factor in the rising trend in surcharges and cesses levied by the Union government and suggested that states should receive 50% from tax devolution – higher than the 41% recommended by the 15th Finance Commission. Vijayan’s comments came while inaugurating a conclave of finance ministers from …

Finance Kerala Tax Taxes States Share Commission
Telangana’s Urban Planning Earns Finance Panel’s Praise
3 months, 1 week ago

Telangana’s Urban Planning Earns Finance Panel’s Praise

Deccan Chronicle  

Hyderabad: The 16th Finance Commission, headed by noted economist Dr Arvind Panagariya, commended the Telangana government for its comprehensive presentation on the state’s finances and development roadmap. Speaking at a press conference at Praja Bhavan here on Tuesday, Dr Panagariya praised the state for thinking "far ahead" in terms of urban planning, an area that often takes the backseat in …

Finance Urban Development States Telangana State Commission Dr Panagariya
Credit card surcharges are added to most purchases, but what are the rules behind these extra fees?
3 months, 2 weeks ago

Credit card surcharges are added to most purchases, but what are the rules behind these extra fees?

ABC  

You head to the register at the cafe to pay for your lunch, swipe your card and suddenly realise you've been hit with an extra small but unexpected charge. Card surcharges in Australia At the start of this century, payments for goods and services were mainly made by cash, paper cheques, credit and debit cards. The Reserve Bank of Australia …

Credit Card Visa Credit Cards Cent Cards Pay Day Mastercard
Is the Centre being iniquitous in State transfers?
4 months, 3 weeks ago

Is the Centre being iniquitous in State transfers?

The Hindu  

Following the Union Budget, Opposition Chief Ministers have boycotted and walked out of the NITI Aayog meeting chaired by the Prime Minister alleging that the Centre is discriminating against non-NDA States. R. Ramakumar: There are different types of transfers from the Centre to States: devolution of taxes, loans, finance commission grants and, non-finance commission grants, which are essentially discretionary grants. …

Kerala Constitution Budget States Transfers Grants Revenue
Why inserting or swiping your card could help you save on surcharges
5 months ago

Why inserting or swiping your card could help you save on surcharges

ABC  

Have you bought a coffee or paid a bill recently? However, if the business only accepts card payments, and there is no way to avoid paying a surcharge, the ACCC says the extra cost needs to be included in the advertised price. You might save on surcharges by swiping or inserting your card If you use a debit card, it's …

Business Payments Visa Cent Businesses Paying Accc
Superstorm Sandy group eyes ballots, insurance surcharges and oil fees to fund resiliency projects
5 months ago

Superstorm Sandy group eyes ballots, insurance surcharges and oil fees to fund resiliency projects

Associated Press  

LONG BRANCH, N.J. — A 2% surcharge on property insurance policies, mandatory fees on the oil and gas industries, and holding a public referendum are ways a public-private group formed in the aftermath of Superstorm Sandy recommends to pay for projects to protect New Jersey from the next big storm. “We need to shift those investments to dollars that can …

New York New Jersey State Fund Group Jersey Sandy
In 11th-hour reversal, state Senate passes emergency bill to exempt restaurants from service-fee ban
5 months, 4 weeks ago

In 11th-hour reversal, state Senate passes emergency bill to exempt restaurants from service-fee ban

LA Times  

Surcharges such as employee service fees and healthcare percentages are set to disappear from California menus and receipts July 1. An emergency measure that would allow restaurants, bars and other food sellers to continue to charge service fees unanimously passed the California State Senate on Thursday, days before the practice is scheduled to be outlawed. In early June Dodd proposed …

Law Fees Service California Senate State Bill
Restaurants may be able to keep service fees if menu shows the charges
6 months, 2 weeks ago

Restaurants may be able to keep service fees if menu shows the charges

LA Times  

A new state law to prohibit hidden surcharges and other “junk fees” tacked onto customers’ bills is slated to go into effect July 1, with businesses having to include those charges in the prices they post or advertise. Under the proposal by Sen. Bill Dodd, restaurants could continue to add surcharges, mandatory gratuities or fees to diners’ bills instead of …

Restaurants Restaurant Prices Charges State Fee Dodd
Diesel car drivers charged up to £250 more per year to park near their home
7 months, 2 weeks ago

Diesel car drivers charged up to £250 more per year to park near their home

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. This is an initiative we hope more councils will follow.” She added: “Other policies are also needed to improve …

London Cars Pollution Local Authorities Air Parking Council
Australians lose nearly $1 billion a year in card surcharges and the RBA has warned banks it has to stop
9 months, 2 weeks ago

Australians lose nearly $1 billion a year in card surcharges and the RBA has warned banks it has to stop

ABC  

In short: Australians are losing nearly a billion dollars a year in card surcharges, which can be substantially reduced when least-cost routing is properly implemented. Least-cost routing, or LCR, is a Reserve Bank scheme aiming to cut card payment processing fees for businesses and see savings passed on to consumers. "Businesses are suffering a cost of doing business crisis," Luke …

Business Visa Payment Cent Businesses Abc Rba
Are States getting funds they are entitled from the Centre?
9 months, 3 weeks ago

Are States getting funds they are entitled from the Centre?

The Hindu  

The recent agitations by the governments of Kerala and Karnataka, and the support extended by several State governments, have highlighted many disquieting issues in the practice of fiscal federalism in India. The shrinking divisible pool The net divisible pool, or net proceeds, is that part of the gross tax revenue from which a share would have to be vertically devolved …

India States Union Share Period Crore Cag
Guarantees will push Karnataka into financial crisis: Bommai
10 months ago

Guarantees will push Karnataka into financial crisis: Bommai

The Hindu  

The State will be heading towards a “financial crisis” if the Congress government continues to implement its five guarantees without mobilisation of revenue for another 2-3 years and spends loans of ₹1.05 lakh crore for meeting the revenue expenditure in the year 2024-25, said former Chief Minister and BJP leader Basavaraj Bommai. Speaking on the State Budget tabled in the …

State Crisis Bommai
What does a service fee ban mean for diners? Expect higher menu prices — a lot higher
10 months, 1 week ago

What does a service fee ban mean for diners? Expect higher menu prices — a lot higher

LA Times  

Coming this summer is a new state law that bans unadvertised service fees, surcharges and other additional costs that are added to the end of a bill for meals or delivery service. Gavin Newsom signed into law in October, is set to prohibit “junk fees” across a wide swath of businesses, including online ticket sales, hotels, restaurants, bars and delivery …

Law Delivery Office Restaurants Restaurant Pay Prices
Cut in divisible tax pool worrying for fiscal federalism, says Ind-Ra report
10 months, 2 weeks ago

Cut in divisible tax pool worrying for fiscal federalism, says Ind-Ra report

New Indian Express  

KOCHI : The reduced divisible tax pool and low tax devolution, which disregards the recommendations of the Finance Commission is a matter of concern for fiscal federalism, says a new report by India Ratings and Research. According to the study, in FY25, the Centre has budgeted to share 35.5% of the divisible tax pool with states, lower than the 15th …

Kerala Tax States Tax Devolution Union Pool Fiscal
Red Sea shipping problems have ‘limited impact’ on products – Poundland owner
11 months ago

Red Sea shipping problems have ‘limited impact’ on products – Poundland owner

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The shipping constraints in the …

Red Sea Poundland Limited Impact Sea Shipping
Shippers anticipate being able to meet holiday demand
1 year, 1 month ago

Shippers anticipate being able to meet holiday demand

Associated Press  

Carriers like the U.S. Postal Service, FedEx and United Parcel Service have capacity to meet projected demand this holiday season, which is cheery news for shippers and shoppers alike. Louis DeJoy, postmaster general, said the Postal Service goal is to make peak holiday season delivery “superior and routine.” All told, the parcel industry has a capacity of delivering more than …

Service Season Last Year Fedex Postal Parcel United Parcel Service
Charting the path for the Sixteenth Finance Commission
1 year, 4 months ago

Charting the path for the Sixteenth Finance Commission

The Hindu  

The Sixteenth Finance Commission is due to be set up shortly. The vertical and horizontal dimensions The Fourteenth Finance Commission had raised the share of States in the divisible pool of central taxes to 42% from 32%. There may not be a strong case for recommending any further increase in the States’ share of central taxes in view of the …

Finance States Income Share Commission Deficit Fiscal
Sydney hotel’s late-night drink price hike criticised, but surcharges common
1 year, 7 months ago

Sydney hotel’s late-night drink price hike criticised, but surcharges common

ABC  

A Sydney hotel charging an extra 30 per cent for drinks after 10pm has been criticised for the "excessive" price hike, but increasing the cost later at night has become common practice in the industry. Key points: A finance writer says consumers have become "accustomed" to paying surcharges Businesses often apply extra fees during peak demand periods and holidays The …

Consumer Surcharge Price Sydney