The rate used in calculating your interest is set by law and is reviewed every quarter.
Interest rates for 2014–15 are shown in the table.
You can get details of other quarterly interest rates from us.
TABLE: Interest rates used for calculation of early payments, overpayments and delayed refunds (2014–15)
Period |
Interest rate |
|---|---|
1 July 2014 to 30 September 2014 |
2.69 |
1 October 2014 to 31 December 2014 |
2.63 |
1 January 2015 to 31 March 2015 |
2.75 |
1 April 2015 to 30 June 2015 |
2.36 |