Official Interest Rate Change for Employer Loans
The Reserve Bank has announced a second consecutive hike of the repurchase rate (repo rate). This blog post contains all of the important information you need to know.
Posts with Tag "fringe benefits"
Interest Rate Change for Employer Loans
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.25%.
Interest Rate Change for Employer Loans
The repo rate has decreased by 25 basis points, resulting in the official interest rate for employer loans changing to 7.5%.
Change in Tax Rules for Bargaining Council Funds
As of 1/3/2019, all employer contributions to Bargaining Council funds should be treated as taxable fringe benefits.