The Voluntary Disclosures Program (VDP) allows taxpayers to come forward and correct inaccurate or incomplete information or to disclose information they have not reported during previous dealings with the CRA, without penalty or prosecution.

A  valid disclosure must meet four conditions.

These conditions require:

-That the disclosure be voluntary
-That the disclosure be complete
-That the disclosure involve the application or potential application of a penalty.
-That the disclosure  generally include information that is more than one year overdue.

If the CRA accepts the disclosure, the taxpayer will have to pay the taxes or charges owing, plus interest.
However, the taxpayer will not be subject to penalty or prosecution for those amounts accepted as a valid disclosure.

To make a disclosure you have to complete Form RC199, Taxpayer Agreement – Voluntary Disclosures Program
attach it to your disclosure submission and any supporting documentation.

A submission must be in writing and mailed or faxed to the tax services office (TSO) that has jurisdiction over the area where the taxpayer resides.

For businesses, this would be based on their operating address.