If you have not reported or incorrectly reported your GST/HST information to the CRA, you can avail the CRA’s Voluntary Disclosures Program (VDP) to rectify the same before the CRA takes up the matter.

You generally only get amnesty from penalties and prosecution with regard to the questionable information upon a valid voluntary disclosure. You have to pay tax and interest. You may get some relief from interest as well.

You have to meet certain conditions to be eligible for VDP. All disclosures do not automatically qualify for amnesty. If your application is declined, you may inadvertently end up facing penalties and prosecution instead.

Therefore, you may wish to contact a lawyer to know if your case qualifies for the VDP.

At Abbas Law we provide legal advice and services in tax amnesty cases in full confidentiality and solicitor-client privilege under the law.

For more information on VDP, click here.