Interest on Deceased Estates

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  • #22046
    Dajana Poblete
    Participant

      Sutherland Shire

      Hi all

      We receive requests for the waiving of interest on deceased rate accounts until probate is granted. we have not granted any interest relief for this scenario. Does your council provide interest relief to those deceased estates and if so for what period?

      #22047
      Tracey Walker
      Participant

        Sutherland Shire

        Hi Dajana,

        Upon notification of a ratepayer(s) death, Wollongong grants a 12-month interest free period to allow for probate or Letters of Administration to be processed. After the 12-month period ends or the property is transferred, whichever comes first, interest accrues at the prescribed rate as per Council’s Revenue Policy.

        #22048
        Dajana Poblete
        Participant

          Sutherland Shire

          Thanks Tracey. Much appreciated.

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