Voluntary Disclosure & Reconsideration
Mistakes in tax returns happen. Correcting them promptly through a voluntary disclosure usually results in lower penalties than waiting for the FTA to find them. And where a penalty or decision seems wrong, there is a formal process to ask for it to be reviewed.
We assess the error or decision, prepare the submission with supporting evidence, and handle the communication with the FTA.
What's included
Who it's for
- Businesses that have found an error in a past return
- Companies that have received an FTA penalty
- Businesses after a tax health check
- Companies disputing an FTA assessment
How it works
Assess
We review the error or penalty and your options.
Prepare
We prepare the disclosure or request with evidence.
Submit
We file within the required deadlines.
Follow up
We respond to FTA queries until the matter is closed.
Frequently asked questions
Yes. Requests to reconsider an FTA decision must be made within a set period from the date you were notified, so it is important to act quickly.
Penalties generally depend on when the error is corrected. Disclosing before the FTA starts an audit is usually treated more favourably than correction during or after one.