Interest Rates
Interest rates apply to any amounts:
- you owe to the Ministry of Revenue
- the ministry owes to individuals and corporations.
By law, we reset the interest rates every three months.
Interest rates for April 1 to June 30, 2008
- 9% on taxes you owe to the ministry
- 3% on taxes you overpaid
- 6% on taxes or refunds you are eligible for as a result of a successful appeal or objection
- 6% on late International Fuel Tax Agreement payments
- 6% on International Fuel Tax Agreement refunds the ministry has not paid you within 90 days
Learn more
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