GIC and SIC Rates
The Tax Office has advised the general interest charge (GIC) and shortfall interest charge (SIC) rates for the fourth quarter of the 2010–11 income year (ie 1 April 2011 to 30 June 2011):
|
Rate |
Annual (%) |
Daily (%) |
|
GIC |
11.92 |
0.03265753 |
|
SIC |
7.92 |
0.02169863 |
