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July 4, 2022
Prescribed interest rates for fringe benefit tax (FBT). The prescribed interest rates for fringe benefit tax (FBT) increased to 8.41% on 1 October 2023. These are the prescribed interest rates that are used to determine the fringe benefit value of low-interest loans provided to employees. QuarterRate (%)From 1 October 20238.411 April 2023 to 30 September...
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