The Department of Health (DoH) has released the new 1 Jan 2018 rate updates.
We have prepared an update file (5.5.12220.0) which contains the new rates and will push this out to your server so this can be run as per your usual update process. The file will be available for Version 5 users to run on Wednesday 27th December.
Version 4 users, we will start manually running the v4 file as per our previous rate update process. This will commence from 2nd Jan.
• Maximum Permissible Interest Rate (MPIR) will increase from 5.70% to 5.72% for the period of 1 January to 31 March 2018.
• The Base Interest Rate (BIR) remains unchanged at 3.75%.