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INCREASE IN FRINGE BENEFIT INTEREST RATE ANNOUNCED.
The fringe benefit interest rate increased from 10,5 percent to 11,5 percent on Friday, The SA Revenue Service said. "SARS hereby notifies for general information that in terms of Government Notice No R 256 published in Gazette No 23196 of March 1, the minister of finance has, with effect from 1 March, increased the official rate of fringe benefit interest," a statement from SARS said. Fringe benefit ...
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