Sage VIP Classic and Sage VIP Premier

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…

Click here to view the Sage 200c VIP and Sage VIP Newsflash for December 2018 The newsflash contains the following important information: Important System Information Release 5.1a Known Issues Leave Pay and Separate Payslips Legislative…

The repurchase rate (repo rate) has increased from 6.5% to 6.75% on 23 November 2018. As from December 2018 , the ‘low or interest free loans/debt’ fringe benefit should be calculated by using the new ‘official interest rate’. How is the "official…