Sage Payroll Professional

The repurchase rate (repo rate) has increased from 6.25% to 7% on 25 November 2022. As from December 2022 , the ‘low or interest free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’. The ‘official interest…

The repurchase rate (repo rate) has increased from 4.75% to 5.5% on 22 July 2022. As from August 2022. As from August 2022 , the ‘low or interest free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’. The ‘official…

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’. The ‘official interest rate…

The repurchase rate (repo rate) has decreased from 6.75% to 6.50% on 19 July 2019. As from August 2019 , the ‘low or interest free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’. The ‘official interest rate…