Draft Guide to the Voluntary Disclosure Programme
SARS has released a draft guide to the voluntary disclosure programme (VDP). The guide is open to public comment, to be emailed to policycomments@sars.gov.za before 10 December 2021.
The voluntary disclosure programme (VDP) was introduced as a permanent measure to increase voluntary compliance in the interest of enhanced tax compliance, good management of the tax system and the best use of the SARS resources. The VDP is intended to encourage taxpayers to voluntarily disclose tax defaults.
The draft guide provides general guidance on the VDP under Chapter 16 of the Tax Administration Act 28 of 2011. While this guide reflects SARS’s interpretation of the law, taxpayers who take a different view may use the normal avenues for resolving such differences.
Find a copy of the draft guide here.
28/10/2021
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