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Interest rates

Current rate

The State Revenue Legislation Further Amendment Act 2009 amended the Taxation Administration Act 1996 effective from 1 July 2009 to provide that the market rate component of the interest rate that is payable on unpaid tax is to be updated quarterly rather than annually.

PeriodMarket RatePremium RateTotal rate of interest

effective from 1/10/2009

3.30%

8%

11.30%

Last updated: 02-Oct-2009
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