Pre-Judgment Interest Calculator for Excel
- Arnold Shields
- Mar 16, 2012
- 1 min read
Updated: Jun 4
Our Pre-Judgment Interest Calculator is great for calculating the interest on a single amount, but occasionally you need to calculate pre-judgment interest on hundreds of transactions.
This is when you need our Tax Calculator Addin for Excel - which enables you to use excel to calculate pre-judgment interest on hundreds or thousands of transactions.
Interest is calculated at the Reserve Bank of Australia Cash Rate (as at 31 December and 30 June) plus 4%.
Below is a quick 1 minute video of how the =PreJudgeInterest(DateFrom, HearingDate, Amount) works.
Our TaxCalculator Addin for Excel is only $39 and available for instant download.
It also includes all the tax rates from 1985 to 2013 plus discount tables and CPI rates.
Disclaimer:
The information provided in this article is general in nature and does not constitute personal financial, legal or tax advice. While every effort has been made to ensure the accuracy of this content at the time of publication, tax laws and regulations may change, and individual circumstances vary. Dolman Bateman accepts no responsibility or liability for any loss or damage incurred as a result of acting on or relying upon any of the information contained herein. You should seek professional advice tailored to your specific situation before making any financial or tax decision.