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Voluntary disclosure, the scheme and the procedure

Voluntary disclosure procedure

Have you filed incorrect tax returns in the past? Tax regulations currently allow you to remedy this and avoid hefty fines and prosecution. Although a voluntary disclosure might seem straightforward, it is often a fairly complex business. It is not just a question, for example, of filing a corrective tax return. Taxpayers wishing to disclose voluntarily should also realise that the Tax Inspector will require a considerable amounts of additional information. Our attorneys have extensive experience in assisting taxpayers with these procedures.