GIC and SIC rates for the 2016 September quarter
The ATO has published the 2016 September quarter rates for the General Interest Charge (GIC) and the Shortfall Interest Charge (SIC):
GIC annual rate | 9.01% |
GIC daily rate | 0.02461749% |
SIC annual rate | 5.01% |
SIC daily rate | 0.01368852% |