The ATO has published the 2017 September quarter rates for the General Interest Charge (GIC) and the Shortfall Interest Charge (SIC):
GIC Annual Rate | 8.73% |
GIC Daily Rate | 0.02391781% |
SIC Annual Rate | 4.73% |
SIC Daily Rate | 0.01295890% |
Ref: ATO website – GIC and SIC rates
Editor: the rate for that period for the interest on early payments (IEP), interest on overpayments (IOP) and delayed refund interest (DRI) is 1.73%.
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