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.

Period	Market Rate	Premium Rate	Total rate of interest
effective from 1/10/2009	3.30%	8%	11.30%