TAX ADVISORIES



OFFICIAL SARS INTEREST RATES - January 2011
The official interest rate for calculation of Low or Interest Free Loans Fringe Benefits has been amended, the "official" rate of interest over the past year has been:
  • With effect from 1 March 2009 11.5% p.a.
  • With effect from 1 June 2009 9.5% p.a.
  • With effect from 1 July 2009 8.5% p.a.
  • With effect from 1 September 8.0 p.a
  • Witth effect from 1 March 2011 8.5 p.a.