• New Repurchase Rate Effective August 2020 - affecting Low or Interest Free Loan/Debt Fringe Benefit

    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…
  • New Repurchase Rate Effective June 2020 - affecting Low or Interest Free Loan/Debt Fringe Benefit

    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…
  • New Repurchase Rate Effective May 2020 - affecting Low or Interest Free Loan/Debt Fringe Benefit

    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’…
  • New Repurchase Rate Effective April 2020 - affecting Low or Interest Free Loan/Debt Fringe Benefit

    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…
  • New Repurchase Rate Effective August 2019 - affecting Low or Interest Free Loan/Debt Fringe Benefit

    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…
  • Sage 200c VIP and Sage VIP Support Newsflash December 2018

    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…
  • New Repurchase Rate effective December 2018

    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…