Despite a recent meeting of the Reserve Bank, interest rates remain unchanged (thankfully!).
The current rate to be used when determining the fringe benefit value for a low or interest free loan provided to an Employee is 6.5% (i.e. the REPO rate of 5.5 plus 100 percentage points – giving 6.5).
Don’t get too relaxed as anything can happen in the next quarter – there is a meeting scheduled very soon and there are some murmurings of an increase!