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The Minister of National Revenue has announced that owners affected by the Underused Housing Tax (UHT) will have until April 30, 2024, to file their returns for the 2022 calendar year without being charged penalties or interest.
The Canada Revenue Agency will waive the application of penalties and interest for any late-filed UHT returns and for any late-paid UHT payable for the 2022 calendar year, provided the return is filed and the UHT is paid by April 30, 2024.
For more details, see: Government of Canada extends deadline for homeowners to file their Underused Housing Tax return - Canada.ca
To learn how to prepare a UHT return in TaxCycle, see the Underused Housing Tax Return (UHT-2900) help topic.