Taxation Division 

Interest Rates

This table lists the interest rates applicable on outstanding debts. The interest rate payable is set every January 1 and July 1.

Effective Interest Rate %
July 1, 2017 to December 31, 2017 8.70
January 1, 2017 to June 30, 2017 8.70
July 1, 2016 to December 31, 2016 8.70
January 1, 2016 to June 30, 2016 8.70
July 1, 2015 to December 31, 2015 8.85
January 1, 2015 to June 30, 2015 9.00
July 1, 2014 to December 31, 2014 9.00
January 1, 2014 to June 30, 2014 9.00
July 1, 2013 to December 31, 2013 9.00
January 1, 2013 to June 31, 2013 9.00
July 1, 2012 to December 31, 2012 9.00
January 1, 2012 to June 30, 2012 7.00
July 1, 2011 to December 31, 2011 7.00
January 1, 2011 to June 30, 2011 7.00
July 1, 2010 to December 31, 2010 6.50
January 1, 2010 to June 30, 2010 6.25

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