UNDERSTANDING THE REQUIREMENTS FOR ATTORNEY TRUST ACCOUNT AUDITS

UNDERSTANDING THE REQUIREMENTS FOR ATTORNEY TRUST ACCOUNT AUDITS

As part of ongoing efforts to maintain transparency and accountability within the legal profession, South African law firms are once again reminded of their obligations regarding the audit of attorney trust accounts. These audits are not only a regulatory requirement but also serve a broader purpose, protecting the public and reinforcing the integrity of the legal profession.

TAX EMIGRATION: WHAT IT REALLY TAKES TO BREAK TIES WITH SARS?

TAX EMIGRATION: WHAT IT REALLY TAKES TO BREAK TIES WITH SARS?

Thinking of emigrating — or already living abroad? You might be surprised to learn that SARS may still consider you a tax resident, even if you haven't set foot in South Africa in years. As the tax emigration rules have evolved, so too has the complexity around truly “breaking up” with SARS. In this article, we unpack the current framework, highlight recent developments, and explain what it takes to successfully cease tax residency in 2025 and beyond.