GENERAL INTEREST CHARGE (GIC) RATES

The ATO’s charges interest for late payment of income tax, fringe benefits tax, goods and services tax, and pay as you go taxes.

The General Interest Charge rates are updated quarterly for the next quarter.

The rates for the current quarters are: QuarterGIC annual rate October – December 2019 7.98 % July – September 2019 8.94%



#incometax #tax #Interest #GIC #taxpreparation

OPENING HOURS

Monday to Friday 9am - 5pm

314A Bay Road Cheltenham Vic 3192

Please call for an appointment 03 9585 7555

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