CRA extends deadline for filing Underused Housing Tax (UHT) returns without interest or penalty
The Canada Revenue Agency has further extended the deadline for owners affected by the Underused Housing Tax (“UHT”) to file their returns for the 2022 taxation year, without being charged interest or penalties, to April 30, 2024. While UHT returns are typically due on April 30 of a particular year for each residential property owned on December 31 of the preceding year, the CRA initially extended the deadline for filing 2022 returns to October 31, 2023. The CRA’s announcement further extends that period by six months.
