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Income Tax Act, 1962 (Act No. 58 of 1962)


2009 Notices

Determination of interest rate from 1 March 2009

Notice No. 180 of 2009


Notice No. 180

20 February 2009

GG 31931


South African Revenue Service


By virtue of the powers vested in me by paragraph (a) of the definition of "official rate of interest" in paragraph 1 of the Seventh Schedule to the Income Tax Act, 1962 (Act No. 58 of 1962), I, Trevor Andrew Manuel, Minister of Finance, hereby fix the rate of interest contemplated in paragraph (a) of that definition at 11,5 per cent with effect from 1 March 2009.



T A Manuel

Minister of Finance