Other Services
UNDERUSED HOUSING TAX
The Underused Housing Tax (UHT) is an annual federal 1% tax on the ownership of vacant or underused housing in Canada. 2022 is the first year for this program and UHT forms, including any payments due, must be filed by April 30, 2025. The tax generally applies to foreign national owners of housing in Canada.
We encourage everyone to review the UHT filing requirements on the CRA website and contact us if you require assistance.
***UPDATE December 2023***
For 2023 onward UHT forms, CRA has changed the filing requirement so if the filer is a “specified” Canadian Corporation, Partnership, or Trust (meaning all members are Canadian citizens or permanent residents) then they DO NOT have to file a return starting in 2023. They are not exempt from filing in 2022 so they must still file and pay the UHT if it applies by April 30, 2024 for the 2022 year. Many people were required to file 2022 but will be exempt in 2023 and moving forward.