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12 Sep 11 GIC and SIC rates

The ATO has published the General interest charge (GIC) and the Shortfall interest charge (SIC) rates for the second quarter of 2011-12.

The GIC annual rate for October - December 2011 is 11.86% while the GIC daily rate is 0.03249315%

The SIC annual rate for October - December 2011 is 7.86% while the SIC daily rate is 0.02153425%

For GIC rates, go here

For SIC rates, go here

 


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