If you have unreported income, undisclosed foreign assets, or other errors in your past tax filings, the Canada Revenue Agency’s Voluntary Disclosures Program (VDP) may provide a path to correct these issues before the CRA contacts you.
The VDP allows eligible taxpayers to come forward voluntarily to correct inaccurate or incomplete tax information. Common disclosures include previously unfiled tax returns, omitted income, and failure to report foreign property under Form T1135.
Protection from tax evasion charges when disclosure is accepted.
If accepted, your disclosure may result in relief from penalties.
Potential for partial interest relief on taxes owed.
If you’re considering a voluntary disclosure, time is critical. Contact us for a confidential consultation to protect your interests and bring your tax matters into compliance—safely and strategically.