Voluntary disclosure – meaning and definition


What is a voluntary disclosure?

A voluntary disclosure is when a taxpayer identifies errors in returns they have filed. It may result in increased tax but often it’s a way to mitigate penalties on these. The IRD will review the voluntary disclosure and may take further action if required.


Voluntary disclosure- video guide

Kathleen Payne, our Strategic Partnerships Manager, explains what a voluntary disclosure is.

Further resources:

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