RSA Interest Rate Change
The “official rate of interest” for calculating the taxable benefit on low interest or interest-free loans has increased by 0.50% with effect from 01 June 2022.
The “official rate of interest” for calculating the taxable benefit on low interest or interest-free loans has increased by 0.50% with effect from 01 June 2022.
The Minister of Finance, Mr. Enoch Godongwana, delivered his inaugural National Budget Speech 2022 in Parliament on 23 February 2022. We’re bringing you all the information you need, including the Ministers speech, key documents relating to the budget, and an easy-reference Budget Speech Highlights infographic.