Page 65 - GA Maclachlan Tax Guide 2024

INTEREST RATES

EFFECTIVE DATE RATE
Late or underpayments of Tax
1 November 2022 9�00%
1 January 2023 9�75%
1 March 2023 10�50%
1 May 2023 10�75%
1 July 2023 11�25%
1 September 2023 11�75%
Fringe benefits – official rate of interest
1 April 2022 5�25%
1 June 2022 5�75%
1 August 2022 6�50%
1 October 2022 7�25%
1 December 2022 8�00%
1 February 2023 8�25%
1 April 2023 8�75%
1 June 2023 9�25%
Overpayments of tax
1 November 2022 5�00%
1 January 2023 5�75%
1 March 2023 6�50%
1 May 2023 6�75%
1 July 2023 7�25%
1 September 2023 7�75%
Prime Overdraft Rates
21 July 2022 9�00%
22 September 2022 9�75%
24 November 2022 10�50%
26 January 2023 10�75%
30 March 2023 11�25%
25 May 2023 11�75%

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