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Interest on early payments and overpayments of tax 2010-11

 
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Warning: This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

What is the interest rate?

The rate used in calculating your interest is set by law and is reviewed every quarter.

Interest rates for 2010-11 are shown in the table below.

Details of other quarterly interest rates are available from the ATO.

TABLE: Interest rates used for calculation of early payments, overpayments and delayed refunds (2010-11)

Period

Interest rate
(% pa)

1 July 2010 to 30 September 2010

4.80

1 October 2010 to 31 December 2010

4.74

1 January 2011 to 31 March 2011

5.02

1 April 2011 to 30 June 2011

4.92

Last Modified: Wednesday, 29 June 2011
 
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