The latest dispute concerning access to former President Jacob Zuma’s tax information has prompted many taxpayers to ask whether any privacy remains in relation to information submitted to the South African Revenue Service (“SARS”).
When parties decide to marry and enter an antenuptial contract, the discussion should not end with the choice of a matrimonial property regime. This is also the ideal stage for both parties to consider their estate planning. The reason is straightforward: the matrimonial property regime selected before marriage will influence their respective estates, define their rights and obligations toward one another, and affect the way their assets are dealt with upon death. It is also the point at which couples should begin planning not only for themselves, but for their future together and for any children they may have. The antenuptial contract and the estate plan should therefore be approached as part of a single, integrated process.
An emoluments attachment order (“EAO”), issued in terms of section 65J of the Magistrates’ Courts Act 32 of 1944 (“the Act”), is a court order requiring a debtor’s employer (“the garnishee”) to deduct specified amounts from the debtor’s remuneration, salary and/or wages and to pay those amounts directly to the judgment creditor in whose favour the order was granted.