ARTICLE · 23 SEPTEMBER 2025

CRA Updates Its Voluntary Disclosures Program

Bateman MacKay LLP

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The Canada Revenue Agency (CRA) has announced changes to its Voluntary Disclosures Program (VDP) that will take effect on October 1, 2025. These changes reshape how taxpayers can come forward...

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Bateman MacKay LLP

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The Canada Revenue Agency (CRA) has announced changes to its Voluntary Disclosures Program (VDP) that will take effect on October 1, 2025. These changes reshape how taxpayers can come forward to correct errors or omissions in their tax filings.

Background: The Voluntary Disclosures Program (VDP)

The VDP provides taxpayers with an opportunity to proactively correct inaccurate or incomplete information in their past tax filings, or to disclose income and assets that were previously unreported. In exchange for voluntary disclosure, the CRA may provide relief from penalties and partial relief from interest, provided the taxpayer meets the program's conditions. Historically, the program has offered different levels of relief depending on the circumstances of the disclosure.

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