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New Zealand Notes Prescribed Interest Rate Changes for Use of Money Interest and Employer-Provided Loans

|Approved Changes|New Zealand
New Zealand

New Zealand Inland Revenue has announced changes in the use of money interest rates for underpayments and overpayments and the interest rate for employer-provided loans.

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Updates to rates for UOMI and FBT on low-interest loans

Two Orders in Council have been made updating the rates for use of money interest and also for the rate for calculating fringe benefit tax on employer-provided, …

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