The Australian Taxation Office (ATO) has published the general interest charge (GIC) rates and shortfall interest charge (SIC) rates for the first quarter of the 2024-25 income year. For the quarter beginning 1 July 2024, the GIC annual rate is 11.36% and the SIC annual rate is 7.36%. The rates are up slightly from the annual rates for the prior quarter beginning 1 April 2024, which are 11.34% …