Good Day, Does anyone know the official interest rate that SARS requires for a loan to a trust , for the 2021 tax year. Thanks
Good Day, Does anyone know the official interest rate that SARS requires for a loan to a trust , for the 2021 tax year. Thanks
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
Dave A (23-Jul-21)
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