FRINGE BENEFIT TAX
For the purposes of Section 12B of the Income Tax Act, the Market Interest Rate is 8%. This rate shall be applicable for the three months of January, February and March 2026.
DEEMED INTEREST RATE
For purposes of Section 16(2)(ja) of the Income Tax Act, the prescribed rate of interest is 8%. This rate is applicable for the months of January, February and March 2026. Withholding tax rate of 15% on the deemed interest shall be deducted and paid to the Commissioner 5 working days.
LOW INTEREST BENEFIT
For purposes of section 5(2A), the prescribed rate of interest is 8%. This rate is applicable for the months of January, February, March, April, May and June 2026.
Commissioner for Micro & Small Taxpayers
PUBLIC NOTICES 22/01/2026
