As the Canada Revenue Agency (CRA) moves forward to aggressively address non-compliance on unreported income or unfiled taxes, it becomes more important that you need to be aware of the Voluntary Disclosures Programs (VDP)
In cases of gross negligence, the Income Tax Act allows the CRA to assess a penalty of up to 50% of the unpaid tax or the improperly claimed benefit. In addition, the court may, on summary conviction, fine them 50% to 200% of the tax evaded, and sentence them to a jail term.
You need to quickly come to us before CRA initiates any action against you. As soon as CRA initiates the contact, then it is too late. It could be one letter in the mail, one phone call, one personal visit, etc.
Voluntary Disclosure Program (VDP) Can Be The Perfect Solution
It could be just ONE day late, you lose everything and more! What You Need to Do Now to Fix Your Tax Problems Rather than Getting Your Life Ruined? – Voluntary Disclosure Program (VDP)
If you have unreported income, under-reported income, years of late filing with tax owing, then you cannot afford to wait any longer! Do something to resolve your tax problems TODAY!
Hire someone who is qualified and has the experience to help you solve tax problems. Many people try to handle their tax problems themselves, resulting in negative results because they do not understand the complex Voluntary Disclosure well. Keep in mind the Voluntary Disclosure Program (VDP) is more than just a simple form.
We have helped clients in reducing their tax damage by filing voluntary disclosure program (VDP) and negotiated excellent settlement for them. See what happy clients say about our Voluntary Disclosure service in the testimonial.
Do you need VDP services in other parts of Canada? Here is where our services are offered:
- Toronto
- Markham
- Vancouver
- Calgary
Our initial consultation is FREE and CONFIDENTIAL. You will get comprehensive analysis of your tax problems and recommended solutions in the first meeting. Then you can decide what to do from there.