Understanding Rectification in Tax and Contract Law

Join host Kosie Kritzinger in this episode of Advisory Explained with Pieter Janse van Rensburg from AJM as they dive into the legal principle of rectification. The discussion explores what rectification is, how it functions within both contract and tax law, and why it serves as a vital tool for correcting honest mistakes in written agreements. Pieter shares international examples and practical insights for the South African context, explaining how these corrections impact ongoing tax obligations and SARS compliance. Listeners will learn the importance of correct implementation and why proving the true original intention of the parties is critical to a successful rectification. bakertillygreenwoods.co.za