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SOUTH AFRICA TAX AGENCY UPDATES INTEREST RATE TABLE FOR LOANS


April 1, 2022, 5:00 AM
Bloomberg Law News 2022-04-04T09:50:52954-04:00


SOUTH AFRICA TAX AGENCY UPDATES INTEREST RATE TABLE FOR LOANS

2022-04-01T01:00:00000-04:00


The South African Revenue Service March 29 updated the interest rate table for
loans obtained by an employee from an employer at an interest-free or
low-interest rate compared to the official interest rate. The interest rate is
increased to 5.25 percent from 5 percent, beginning April 1. [South Africa,
South African Revenue Service, 03/29/22]

Reference:
View Interest Rate Table No. 3. View Index.

DOCUMENTS

View Interest Rate Table No. 3
View Index


TOPICS

 * payroll tax
 * payment of tax
 * income tax
 * collection of tax
 * individual income tax
 * non-U.S. tax
 * interest rates




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