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ATO Publishes Quarterly General Interest Charge Rates and Shortfall Interest Charge Rates for Third Quarter of 2021-22 2

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has published the general interest charge (GIC) rates and shortfall interest charge (SIC) rates for the third quarter of the 2021-22 income year. For the quarter beginning 1 January 2022, the GIC annual rate is 7.04% and the SIC annual rate is 3.04%. The rates are up slightly from the annual rates for the prior quarter beginning 1 October 2021, which are 7.0…

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