- The CRA’s updated Voluntary Disclosures Program, effective October 1, 2025, lets taxpayers fix past GST/HST and other tax errors before CRA action.
- For GST/HST, unprompted applications may get 100% penalty relief and 75% interest relief; prompted applications may get up to 100% penalty relief and 25% interest relief.
- Certain GST/HST wash transactions can receive 100% relief from both interest and penalties.
- Eligibility requires five conditions: voluntary filing before audit/investigation, completeness, an applicable penalty, being at least one year overdue, and payment or a payment arrangement request.
- Applicants must provide supporting documents for at least the most recent four years and still pay the full tax owed.
Source: canadiantaxamnesty.ca
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
