October 02, 2016 23:00

Often, reading the text of a treaty, we meet with the notion of "refinancing rate."Basically, it is used as a factor for calculating the fines and penalties for late payment of the debt.We will understand that this really is and how to calculate interest on the refinancing rate.

- If you have a contribution to the bank if the annual percentage of more than the refinancing rate of at least 5 points to give on deposit income will need to pay the state personal income tax.
- in the loan agreement may be an item on savings on interest on the loan.To calculate the amount to which you want to pay personal income tax, the amount of income multiply by 2/3 between the refinancing rate and loan interest.
- If the overdue payment of taxes and fees, for each day of delay will have to pay a penalty rate of 1/300 of the refinancing rate.

- value refinancing rate divided by the number of days in a year.
- The result is multiplied by the number of overdue days.
- total value is multiplied by the amount of debt.

- 8,25% / 365 days = 0.0226% - a percentage for 1 day of delay.
- 0,0226% * 20 days = 0.452% - this percentage is 20 days overdue.
- 0,452% * 500 = 2.26 rubles ruble - penalties for being overdue pay 500 rubles for 20 days.

Now, knowing the algorithm for calculating the interest rate of refinancing, you will be able to calculate the amount of the fine for the outstanding debt on time.