In association with our CA firm, HS & Partners, LLP, our team of tax specialists assists both corporate and individual taxpayers in all areas of CRA audit, assessment and collection matters. 

Specifically, we have chartered accountants and tax lawyers helping clients navigate through the following CRA audits and areas of appeal:

• Corporate and personal income tax, GST, and payroll audits
• Negotiating settlements with CRA Audit and Collections departments
• Fairness Submission for reduction of penalty and interest charges
• Assist clients with appeals to the Tax Court of Canada and the Federal Court of Appeal
• Full compliance and representation of clients eligible for the Voluntary Disclosure Program

What is the Voluntary Disclosure Program?

The Canada Revenue Agency (CRA) has policies in place to promote voluntary compliance with tax laws.  They accomplish this with their Voluntary Disclosure Program which encourages taxpayers, both at the individual and corporate level, to come forward and report previously unreported income or GST or to file returns that are more than a year passed their normal filing deadline. 

The main benefits for taxpayers in using the Voluntary Disclosure Program is that CRA will not undertake criminal prosecutions or impose civil penalties on voluntary disclosures.  Clients will still be responsible for the taxes owing. 

What is a Tax Audit?

An income tax audit is an inspection and verification of a company’s (or an individual’s) records and supporting documents conducted by a CRA auditor.

Further to the CRA's Guide for Canadian Small Businesses, an audit usually takes one to two weeks, and involves "an examination of your ledgers, journals, bank accounts, sales invoices, purchase vouchers, and expense accounts." They go on to point out that the audit process may involve touring your business premises, and seeking information and assistance from your employees.

At Charger Consulting our team of dedicated professionals will work with you through each step of your dealings with the CRA to ensure a smooth audit process and help achieve the best possible outcome.