We would like to remind our clients about the deadline for filing Underused Housing Tax (UHT) returns. While the original deadline of April 30, 2023 has technically not changed, the Canada Revenue Agency (CRA) has announced that no penalties or interest will be assessed on...

The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022, which impacts certain residential property owners as of December 31, 2022. If you own residential property and are not an excluded owner, you must file a UHT return to avoid penalties. If...

  The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022 and this will impact certain residential property owners as of December 31, 2022. A residential property owner who is not classified as an “Excluded Owner” must file the UHT return by April...