The Voluntary Disclosures Program (VDP) allows taxpayers to come forward and correct your inaccurate or incomplete information or disclose material they did not report during previous dealings with the CRA without penalty or prosecution. We can help you to file your VDP application.
You may take advantage of this program by reporting unreported income, incorrect income or expenses, unfiled HST returns, unfiled taxes, or offshore income.
A VDP could be made by any taxpayer in Canada. You can be a resident, non-resident, individual, a business, or a trust. You may appoint an authorized representative to file a disclosure on your behalf.
By filing a valid disclosure with the CRA, you will avoid any potential penalties, as well as the possibility of prosecution.
