Trust Administration Fee

The Trust Assurance Program is funded through the collection of the trust administration fee (TAF).

Lawyers must remit a $15 TAF for each distinct client matter with trust funds, unless the trust funds are solely for the purpose of paying legal fees or held as a retainer for legal fees.  Lawyers may treat TAF as a disbursement and pass the cost to the client or alternatively absorb the cost as a firm expense. The TAF becomes a firm liability in the reporting period that funds are received into trust and due in the corresponding quarter. The remittance of the TAF is not related to a firm’s billing cycle.

Under Rule 2-110, TAF payments must be remitted to the Law Society quarterly and within 30 days of the quarter end, as follows:

  • April 30 for the period January 1 to March 31
  • July 31 for the period April 1 to June 30
  • October 31 for the period July 1 to September 30
  • January 31 for the period October 1 to December 31

Under Rule 2-111, a late fee of 5% applies to all late remittances.

How to remit the fee

Each quarter, you must:

Step 1 Log in to create and complete a new invoice

Step 2 Print and sign the invoice

Step 3 Send the invoice along with a cheque for the trust administration fee remittances to:

Accounting Department
The Law Society of BC
845 Cambie Street
Vancouver BC  V6B 4Z9

You may also pay the TAF through online banking. See the TAF Filing Instructions for additional information.

Forms and resources

TAF Filing Instructions 

Trust Accounting Handbook