Official interest rate

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  • alanc
    Junior Member
    • Jul 2012
    • 19

    #1

    Official interest rate

    Good Day, Does anyone know the official interest rate that SARS requires for a loan to a trust , for the 2021 tax year. Thanks
  • Andromeda
    Gold Member

    • Feb 2016
    • 734

    #2
    It is the Repurchase rate plus 1%.

    For March 2020 it was 7.25
    For April 2020 it was 6.25
    For May 2020 it was 5.25
    For June 2020 it was 4.75
    Form 1 August 2020 to end of February 2021 it was 4.5

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    • alanc
      Junior Member
      • Jul 2012
      • 19

      #3
      Originally posted by Andromeda
      It is the Repurchase rate plus 1%.

      For March 2020 it was 7.25
      For April 2020 it was 6.25
      For May 2020 it was 5.25
      For June 2020 it was 4.75
      Form 1 August 2020 to end of February 2021 it was 4.5
      thank you Andromeda

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