Using the grid-interfacing voltage-source converters (VSCs) to perform harmonic control as a smart ancillary function is increasingly studied in recent years. Different from the traditional dedicated harmonic compensation converters, the main function of the high-power smart converters is still delivering real power at a low switching frequency (e.g., 2 kHz). It is challenging to compensate harmonics with low switching frequency VSCs due to the low sampling rate and large system delay. This article proposes a multirate control scheme and derives the accurate multirate model to improve harmonic control. The multirate control scheme consists of high-rate harmonic control and synchronous sampled fundamental control. With the proposed control scheme, the advantages of the conventional synchronous sampling method and the benefits of the high sampling rate are achieved simultaneously. To accurately model the low switching VSC with two different sampling rates, the lifting method is introduced to achieve the discrete-time system model for this linear periodic time-varying system. The frequency response and stability analysis are carried out based on the lifted model. The modeling method, as well as the enhanced harmonic control performance of the multirate control structure, is validated in the experiments.