The Australian Taxation Office (ATO) has published the general interest charge (GIC) rates and shortfall interest charge (SIC) rates for the first quarter of the 2025-26 income year. For the quarter beginning 1 July 2025, the GIC annual rate is 10.78% and the SIC annual rate is 6.78%. The rates are down from the annual rates for the prior quarter beginning 1 April 2025, which are 11.17% and 7.1…