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PricingService areasAll services →Voluntary Disclosure in Toronto
Voluntary Disclosure in Toronto
CPA-led voluntary disclosures for Toronto individuals and businesses with unfiled returns or unreported income, prepared with Form RC199 and the corrected filings.
- CPA-led by Wajahat Ajmal, CPA, FCCA (verify on CPA Ontario)
- Price matching, when agreed before you sign our proposal
- No surprise bills: the price is fixed before we start
- We reply mostly within one business day
- 24/7 receptionist, a real person answers
- Basic QuickBooks Online and Dext included when you move to a monthly plan
Voluntary disclosure for Toronto taxpayers
Toronto has the country’s largest population of gig workers, condo landlords and one-person consulting corporations, and those are exactly the groups whose tax problems tend to build quietly: a few years of ride-share fares with no GST/HST account, a condo rented on a short-term platform but never reported, or a corporation that stopped filing when the owner got busy. The Voluntary Disclosures Program lets you fix that before the CRA asks, with most penalties and much of the interest cancelled.
I’m Wajahat Ajmal, CPA, FCCA. T-Ledgers is a CPA-led accounting firm practising since 2020, based in Etobicoke inside the City of Toronto. We rebuild the missing records, prepare every corrected return and file the application for you as your authorized representative.
Toronto clients who come to us for a disclosure are most often ride-share and delivery drivers, condo and basement landlords, freelancers paid by foreign platforms, and small corporations that have missed several T2 or GST/HST returns.
Common Toronto disclosures
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| Situation | How a disclosure handles it | Official source |
|---|---|---|
| Ride-share fares with no GST/HST account | Commercial ride-sharing drivers must register from the first dollar; the $30,000 small supplier rule doesn’t apply. We calculate the GST/HST owed on past fares, claim input tax credits on the car, and disclose the missed periods together. | CRA: sharing economy |
| Short-term or long-term rental income never reported | Unreported rental income is a classic disclosure. We rebuild income and expenses for each year from platform and bank records and file adjusted T1 returns with the application. | CRA: who is eligible for the VDP |
| Foreign accounts or property over $100,000 | Missing T1135 forms and unreported foreign income need ten years of documents in a disclosure, not six. | CRA: T1135 foreign reporting |
See also: CRA: changes to the VDP.
A typical Toronto disclosure
An illustrative example (not a client story). A Toronto driver has been driving for a ride-share app since 2021 without a GST/HST number and reported the fares on his T1 only in some years. No one at the CRA has contacted him. We register him for GST/HST, calculate tax on every fare period, claim the input tax credits on fuel and car costs, correct the missing T1 income, and file one unprompted application with payment of the estimated tax. Under IC00-1R7 an unprompted application normally receives 100% penalty relief and 75% interest relief.
Toronto’s short-term rental rules mean many hosts already registered with the City but never reported the income to the CRA; City registration is not a CRA filing. If a Vacant Home Tax or other City charge is also outstanding, that is a separate municipal matter we flag but the VDP doesn’t cover.
Relief under the current VDP
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| Application | Penalty relief | Interest relief |
|---|---|---|
| Unprompted (no CRA contact about the issue) | ✓100% | ✓75% |
| Prompted (after a CRA letter naming the issue) | ✓Up to 100% | ✓25% |
Rates are for applications received on or after October 1, 2025. You still pay the tax, and an audit already started on the issue closes the door.
What we do
- Missing years rebuilt and corrected returns prepared
- RC199 filed as your representative
- Payment or payment arrangement arranged
Full catch-up detail is on our main catch-up bookkeeping page.
Law and policy: Income Tax Act s.220(3.1) (waiver of penalties and interest); Excise Tax Act s.281.1 (GST/HST relief); CRA Information Circular IC00-1R7; GST/HST Memorandum 16-5-1; Form RC199.
Voluntary disclosure pricing in Toronto
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| Item | Price |
|---|---|
| VDP application | Quoted after a free review |
| Catch-up bookkeeping for missing years | ✓From $1,800 per year, GST/HST returns and T2 included |
| Personal T1 returns | Quoted separately |
CAD, plus HST/GST. See plans and pricing.
Meetings in person are at our Etobicoke office (102-89 Skyway Ave, inside the City of Toronto) or our Mississauga office, by appointment.
Reviewed by Wajahat Ajmal, CPA, FCCA. Last updated: October 15, 2026. Official sources checked October 2026.
Voluntary disclosure in Toronto: FAQs
Can a Toronto ride-share driver use the VDP for missed GST/HST?
Yes, if the CRA hasn’t started an audit on it. The missed GST/HST periods and any unreported income go into one application, with the tax owing paid or a payment arrangement requested.
Do I have to visit a CRA office in Toronto?
No. The application is submitted online through Represent a Client, or by mail or fax to the VDP in Shawinigan. Everything is handled remotely.
My condo was rented on Airbnb for years. Is it too late?
Not if the CRA hasn’t contacted you about it. We rebuild each year’s rental income and expenses and file the corrected returns with the application.
How much does a voluntary disclosure cost in Toronto?
It is quoted after a free review, because it depends on the number of years and returns involved. Any catch-up bookkeeping starts from $1,800 per year + HST/GST.
Will the CRA prosecute me if I come forward?
If relief is granted, the CRA does not refer the disclosed issues for criminal prosecution, and gross negligence penalties don’t apply to them.
Ready to get caught up?
Whether you’re three months behind or three years, the first step is the same: a free 30-minute call. We’ll look at where things stand, tell you honestly what it will take, and send a fixed price, mostly within one business day. If you have a comparable written quote, show it to us before you sign and we’ll match it.
Call (866) 254-5368 or email info@tledgers.ca. A 24/7 receptionist answers, so a real person picks up.