ARTICLE · 12 OCTOBER 2013

GIC and SIC rates for 2013 December quarter

Moore Australia

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The ATO has released the 2013 December quarter rates for the General Interest Charge and the Shortfall Interest Charge.

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The ATO has released the 2013 December quarter rates for the General Interest Charge (GIC) and the Shortfall Interest Charge (SIC) as follows:

GIC annual rate	9.6%
GIC daily rate	0.02630137%
SIC annual rate	5.6%
SIC daily rate	0.01534246%

This publication is issued by Moore Stephens Australia Pty Limited ACN 062 181 846 (Moore Stephens Australia) exclusively for the general information of clients and staff of Moore Stephens Australia and the clients and staff of all affiliated independent accounting firms (and their related service entities) licensed to operate under the name Moore Stephens within Australia (Australian Member). The material contained in this publication is in the nature of general comment and information only and is not advice. The material should not be relied upon. Moore Stephens Australia, any Australian Member, any related entity of those persons, or any of their officers employees or representatives, will not

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