The repurchase rate (repo rate) has increased from 4.25% to 4.75% on 20 May 2022.
As from June 2022 , the ‘low or interest free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’.
The ‘official interest rate’…
The repurchase rate (repo rate) has increased from 4.00% to 4.25% on 25 March 2022.
As from April 2022 , the ‘low or interest free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’.
The ‘official interest rate…
Dear X3 HR and Payroll User,
The repurchase rate (repo rate) has decreased from 3.75% to 3.50% on 24 July 2020. As from August 2020 , the ‘low or interest free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’…
Dear X3 HR and Payroll User,
The repurchase rate (repo rate) has decreased from 5.25% to 4.25% on 15 April 2020. As from May 2020 , the ‘low or interest free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’. …