Sage Payroll Professional

The repurchase rate (repo rate) has increased from 7.75% to 8.25% on 25 May 2023. As from June 2023 , the ‘low or interest-free loan/debt’ fringe benefit should be calculated by using the new ‘official interest rate’. The ‘official interest rate’ as…

The repurchase rate (repo rate) increased from 7.25% to 7.75% on 30 March 2023. As from April , the ‘low or interest-free loan/debt’ fringe benefit should be calculated using the new ‘official interest rate’. The ‘official interest rate’ as defined…

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…

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 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’. The ‘official interest rate’ as…

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’. The ‘official interest rate’…

The repurchase rate (repo rate) has decreased from 6.25% to 5.25% on 20 March 2020. As from April 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…