Self Employed Interest Rate 2018-19

At the June 2018 meeting the TasBuild Limited Board set both the contribution rate and the interest rate that will be applied to Self Employed workers for the next financial year as follows: The interest rate for 2018-2019 financial year will be 5.7%. The contribution rate (the rate at which a self employed can contribute into the scheme) remains at $156.00 or $182.00 per quarter for the 2018-2019 financial year (these rates are based on a weekly wage of $720.00 and $840.00 per week). The Board has approved an additional contribution rate of $240.50 per quarter, this rate is based on a weekly wage of $1,100 per week.