VSME24200 - Voluntary disclosures: recording NAL from voluntary disclosures on OPs

Credit must not be taken by an officer for ‘Unprompted’ voluntary disclosures which are made by traders who have not been contacted by the Department, for the purposes of arranging a visit or to discuss their tax affairs.

Important Note:

The table below applies when adjusting voluntary disclosures on a line by line basis assuming

(a) ‘prompted’ status

(b) multi line adjustment.

This latter comment applies equally to disclosures that are presented in the form of period totals (each on its own line), that are themselves an amalgamation of adjustments, and to disclosures declared as multiple individual lines per Period.

Vol Disc line	Adjustment against Vol Disc line(s)	Vat 641 Action	OPS
Overdec	Unchanged	Original VD overdec value - V641 coded as Vol Disc	Full value of prompted Vol Disc - overdec
	Overdec increased	Extra line on V641- treated as fresh unprompted Overdec	Full value of both overdecs
	Reduced but remains as Overdec	Residual Vol Disc amount code as Vol Disc (Overdec)	Reduced value of prompted Vol Disc
	Reduced to below overdec for example, becomes underdec	Original VD Overdec ignored - V641 coded for new underdec	Underdec value for new underdec plus Original claim
Under dec	Unchanged	Original VD Underdec value - V641 code as Vol Disc	Full value of prompted Vol Disc - underdec
	Underdec increased	Extra line on V641 - treated as fresh unprompted underdec	Full value of both underdecs
	Reduced but remains as Underdec	Residual Vol Disc amount coded as Vol Disc	Reduced value of prompted Vol Disc
	Reduced from underdec to overdec	Original Vol Disc ignored - new overdec for actual value	Overdec value plus original Vol Disc value