Reference rate and penalty interest rates for 1 July – 31 December 2023
The reference rate used in defining the penalty rate is determined in accordance with section 12 of the Interest Rates Act.
time:
2023-08-29 11:05:00
views:
38752
Reference rate and penalty interest rates for 1 January – 30 June 2023
time:
2023-01-04 12:02:54
views:
39793
Reference rate and penalty interest rates for 1 July – 31 December 2022
In accordance with the Interest Rates Act, the reference rate for the period 1 July – 31 December 2022 is 0.06%. The penalty interest rate for the same period is thus 7.0% pa.