When to use Voluntary Disclosure Form 211?
Voluntary Disclosure Form 211: A Voluntary Disclosure is a form provided by the Federal Tax Authority if the Taxpayer notifies an error or omission in a Tax Return, Tax Assessment or Tax Refund application.
Voluntary Disclosure form need not be used if the underpaid tax amount is AED 10,000/- or less. It can be corrected through the Tax Return for the tax period in which the error has been discovered (i.e if the error occured in a particular quarter was found in subsequent quarter , the same can be rectified in the subsequent quarter when identified , no for required)
If the unpaid tax liability is more than AED 10,000/- it can be rectified using voluntary disclosure form 211.