The rate used in calculating your interest is set by law and is reviewed every quarter.
Interest rates for 2013–14 are shown in the table below.
You can get details of other quarterly interest rates from us.
TABLE: Interest rates used for calculation of early payments, overpayments and delayed refunds (2013–14)
Period |
Interest rate |
|---|---|
1 July 2013 to 30 September 2013 |
2.82 |
1 October 2013 to 31 December 2013 |
2.60 |
1 January 2014 to 31 March 2014 |
2.59 |
1 April 2014 to 30 June 2014 |
2.63 |