• If we retain your refund and later released, are you entitled to delayed refund interest?

    You may be entitled to delayed refund interest under the Taxation (Interest on Overpayments and Early Payments) Act 1983 if we paid the refund amount after the expiry of the period set out in the Act. For RBA surpluses, a delayed refund interest is generally payable if a refund is not paid within 14 days after lodgment of the activity statement that gave rise to the surplus. The interest is payable for the period from the end of 14 days after the lodgment date until the refund takes place.

      Last modified: 29 Jan 2013QC 28291