Newsletter
April 2011 Newsletter
GIC and SIC Rates
The Tax Office has advised the general interest charge (GIC) and shortfall interest charge (SIC) rates for the fourth quarter of the 2010–11 income year (ie 1 April 2011 to 30 June 2011):
RATE ANNUAL (%) DAILY (%)
GIC 11.92 0.03265753
SIC 7.92 0.02169863