Visit the national COVID-19 Online Resource and News Portal at www.sacoronavirus.co.za or see SARS COVID-19 news items and tax relief measures here.

FAQ: When does accrual of interest occur?

Interest will accrue at different accrual periods as contractually agreed between the parties, that is, either monthly, bi-monthly, quarterly etc. For example, where it is contractually agreed that interest will accrue on a quarterly basis and be paid at the end of that quarter then the interest only becomes due and payable at the end of that quarter.

Last Updated:

Share this page on:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email
Share on print
Print