Voluntary Disclosure Program (VDP)
Made a Mistake on a Past Tax Return? It’s Not Too Late.
Take the First Step Today
- Contact our office for a strictly confidential consultation.
- Let our experienced team help you navigate the VDP process with clarity and achieve a positive resolution.
Voluntary Disclosure Program (VDP) Services
Discovering an error on a past tax return—such as unreported income or incorrectly claimed expenses—can be stressful. The fear of audits, significant penalties, and interest from the Canada Revenue Agency (CRA) is a heavy burden.
The good news is the CRA offers a path forward. The Voluntary Disclosures Program (VDP) allows you to proactively correct your tax record. At John K. Jang, CPA Professional Corporation, we specialize in confidentially guiding clients across Canada through the VDP, ensuring your application is positioned for a successful outcome.
Don’t let tax issues linger.
Addressing errors proactively is the smartest way to protect yourself and your assets before the CRA initiates contact.
What are the Benefits of a Successful VDP Application?
Prosecution Relief
Immunity from criminal prosecution for tax evasion.
Penalty Relief
Avoidance of most, if not all, penalties
(e.g., late-filing or instalment penalties).
Potential Interest Relief
The CRA may grant partial relief on the interest accrued on the taxes owed.
Who Should Consider the VDP?
- Failed to file one or more tax returns
- Under-reported your income (e.g., unreported business, rental, or foreign income)
- Claimed expenses or credits you were not eligible for
- Failed to remit source deductions
- Not filed required information returns, such as Form T1135 (Foreign Income Verification Statement)
- Made errors in GST/HST filings, such as improperly claimed Input Tax Credits () or failure to report tax liabilities.
Our Proven Process for Your Peace of Mind
Confidential Assessment & Strategy
We start with a private consultation to understand your unique situation, confirm your eligibility, and develop a clear strategy to address the underlying issues.
Meticulous Application Preparation
We work with you to gather all necessary information and prepare a comprehensive, persuasive VDP application (Form RC199), ensuring it is complete and accurate.
Professional CRA Representation & Negotiation
We submit the application on your behalf and handle all communications and negotiations with CRA officers, shielding you from direct and stressful interactions.
Final Resolution & Ongoing Support
Presentation & Consultation
We see your case through to its final resolution and provide guidance to ensure your long-term compliance, helping you move forward with confidence.