SARS Guide for the treatment of PAYE for Voluntary Disclosure Programme (VDP) purposes
14 May 2014
Posted by: Author: SARS
A guide for the treatment of PAYE for VDP purposes has been issued by SARS.
Please click here to access the document.
Furthermore, the following is the latest news regarding VDP in general:
The initial Voluntary Disclosure Programme (VDP1) that commenced in 2010 and closed on 31 October 2011 attracted in excess of 18 000 applications.
During April 2014 the last remaining 240 VDP applications were distributed to VDP evaluators, who are currently processing these cases.
More processing capacity became available as resources from VDP 1 freed up. This has significantly increased the average number of cases finalised per working day from 6.9 during 2013/14 to 20.1 cases per day currently.
The current turnaround time will, as a result, reduce gradually over the next six months to around 31 working days per case.