What is it?

The UHT is a new federal tax in Canada:

It is an annual 1% tax on the ownership of vacant or underused housing in Canada.

Anyone who files a UHT return must also pay the tax unless they qualify for an exemption.

What is an affected owner?

Affected owners are residential property owners who must file a UHT return and pay the tax. However, you could be exempt from paying even if you have to file.

When to file the return and pay the tax

The due date to file your UHT return, make any elections, and pay any amounts you owe is April 30 for properties owned on December 31 of the previous calendar year.