Sage Payroll Professional

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 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 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…