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What is the Voluntary Disclosure Programme?

What is the Voluntary Disclosure Programme?

The Voluntarily Disclosure Programme (VDP) is a SARS mechanism to disclose previously undisclosed tax liabilities and reduce understatement and administrative penalties payable. It ensures no criminal prosecution for those voluntarily disclosed tax liabilities subject to full disclosure and compliance with the terms of the Voluntary Disclosure Agreement. Click on the Voluntary Disclosure Programme link for a more detailed answer.

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