• What is the interest rate?

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

    Interest rates for 2003-04 are shown in the table below. Details of other quarterly interest rates are available from the Tax Office.

    Interest rates used for calculation of early payments, overpayments and delayed refunds (2003-04)

    Attention

    Warning:

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

    End of attention

    Period

    Interest rate (% p.a.)

    1 July 2003 to 30 September 2003

    4.78

    1 October 2003 to 31 December 2003

    4.82

    1 January 2004 to 31 March 2004

    5.31

    1 April 2004 to 30 June 2004

    5.57

    Last modified: 26 Jun 2004QC 27522