When your Voluntary Disclosure Program application is approved the CRA will agree to accept:
When approved CRA will not charge you penalties, interest on the penalties charged, or prosecute you.
We do not recommend you try a ‘DIY.’ You have only one chance to get it right and CRA have skewed the program to look great politically but full of (legitimate) fine print traps that will exclude you. VDP is an official CRA program – we highly recommend that you have your application prepared and submitted by a professional.
If you would like to speak with us about a VDP application, please contact us for a complimentary quote today. We will help you put your tax problem behind you.
Who qualifies for tax amnesty under the Voluntary Disclosure Program (VDP)?
To qualify under the voluntary disclosure program you need to meet 4 key criteria:
The above four reasons are precisely why you are best served having a professional assess whether or not you qualify and to prepare your VDP application. Any mistake can cause you to be rejected, leaving you in a precarious position. Your first step towards tax amnesty is the voluntary disclosure program – contact us today and let’s get started on finding you a meaningful tax solution.