An initial penalty of 2% on any payment for rates that is received after the due date (applied in accordance with the Local Government Act).
A further penalty at the prescribed interest rate is added to any unpaid rates at the end of each month they continue to be unpaid. (The prescribed rate for 2013/2014 is 8.5% p.a.)
Failure to Pay
If rates remain unpaid more than 21 days after the issue of a final notice, the debt is referred to a collection agency (this process incurs additional costs to the ratepayer).
When a payment is received, the money is distributed in the following order:
- to pay any costs awarded in connection with court proceedings
- to pay any interest costs;
- to pay any fines imposed;
in payment of rates, in chronological order (starting with the oldest rate account).
Sale Of Land For Failure to Pay
The Local Government Act allows a Council to sell any property where rates have been in arrears for three years or more.
Budgeting Tools & Managing the Cost of Living
Explore the SA Government Link below for ideas, tips and budgeting tools designed to assist your household in managing its cost of living: