Underused Housing Tax Penalties and Interest Waived

In some welcome news, CRA has announced transitional relief for penalties and interest to affected owners for the Underused Housing Tax (UHT) for 2022. To provide more time for affected owners to take necessary actions to comply with the UHT, penalties and interest for the 2022 calendar year will be waived for any-late filed UHT return and for any late-paid UHT payable, provided the return is filed or the UHT is paid on or before October 31, 2023.

The deadline remains April 30th, 2023, however CRA has taken the administrative position that no penalties or interest will be applied for UHT returns and payments received on or before October 31, 2023.

If you have questions regarding the UHT, please don’t hesitate to reach out to your service provider at Hendry Warren.

Please see CRA’s website for more details.

Interested in Working with HWLLP?

How can we help you achieve your business and financial goals?

Share a few details and we'll schedule a call!

Request a Call

Receive our Newsletters

Stay current on topical issues important for your business. Every month we deliver a newsletter highlighting important issues to the attention of our values clients.

Join Our Team

Our valued employees enjoy the work environment at our office and participate together in various community service activities around Ottawa. Talented individuals are encouraged to apply.

Contact Us

Hendry Warren LLP
Chartered Professional Accountants
881 Lady Ellen Place, Suite 200,
Ottawa ON, K1Z 5L3

Call Today
613.235.2000
Notice: COVID-19 InformationRead more...