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 4.25% to 3.75% on 22 May 2020. As from June 2020 , the ‘low or interest free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’.
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