SARS Voluntary Disclosure Programme | KPMG | ZA

SARS Voluntary Disclosure Programme

SARS Voluntary Disclosure Programme

The Voluntary Disclosure Programme (“VDP”) is a statutory process where taxpayers (corporate entities, individuals, etc.) can approach the South African Revenue Service (“SARS”) with a view to regularise their tax affairs with the prospect of remittance of certain penalties. The VDP application must be prepared and lodged in the prescribed manner, may not result in a refund of tax from SARS, must be voluntary and must involve a “default” which was not previously disclosed to SARS, or which is not under audit by SARS.

1000

Head of Global Mobility Services and Employment Tax Advisory

KPMG in South Africa

Contact

Also on KPMG.com

This brochure highlights which taxes qualify, SARS penalties, the process, timelines and costs attached to lodging a VDP application.
pdf Download pdf (0.0 KB)

Connect with us

 

Request for proposal

 

Submit

pdf Download pdf (0.0 KB)