finel.ai

Voluntary Disclosures

If you’ve missed reporting income or filing returns, the CRA’s Voluntary Disclosures Program (VDP) allows you to come forward proactively and reduce penalties.

Why Use the Voluntary Disclosure Program?

Penalty Relief

Avoid or reduce penalties by correcting errors before CRA action.

Interest Reduction

Lower interest charges compared to enforced assessments.

CRA Cooperation

Demonstrate good faith and maintain compliance standing.

Our Voluntary Disclosure Process

1

Eligibility Review

Confirm your situation qualifies under CRA VDP rules.

2

Information Gathering

Collect missing returns, income, and supporting documents.

3

VDP Submission

Prepare and submit a complete disclosure package to CRA.

4

CRA Follow-Up

Respond to CRA questions and finalize acceptance.

Common Voluntary Disclosure Mistakes

Waiting Too Long

Once CRA contacts you, VDP relief may no longer apply.

Incomplete Disclosure

Missing details can result in rejection of your application.

DIY Submissions

Errors in self-filed disclosures often increase CRA scrutiny.

Fix Past Tax Issues the Right Way

Our experts handle voluntary disclosures carefully to protect you from penalties and future CRA action.

Start a Voluntary Disclosure
Scroll to Top