Underused Housing Tax and Election (UHT)

queenwest · Post by **queenwest** » Mon Apr 17, 2023 1:36 pm

Hi everyone,
Does anyone know if Canadian citizens are exempt from this new UHT tax information filing? My husband and I are GC holders, US residents and CDN citizens and have a rental property in Ontario. We pay withholding and file non resident taxes each year. Now there's this new requirement for filing UHTs. The information on the CRA website isn't entirely clear(at least to me - a lay person) about the filing requirement. It states that CDN citizens may be exempt if they are not a part of a trust or partnership. We are not a 'partnership' in the technical sense...just joint owners.

thanks so much!

nelsona · Post by **nelsona** » Mon Apr 17, 2023 4:56 pm

It would appear that citizenship is less important that residency in this case, since you are a non-resident, you likely must file. There may be other exemptions that you would qualify for, if for example, it is occupied more than 1/2 the year.

queenwest · Post by **queenwest** » Tue Apr 18, 2023 9:02 am

Thanks! The property was rented and occupied for all of 2022.

DevonLamoreaux · Post by **DevonLamoreaux** » Tue Apr 18, 2023 9:35 am

2022 ? I think you got one number wrong)

queenwest · Post by **queenwest** » Tue Apr 18, 2023 9:55 am

sorry perhaps I misunderstood - the UHT filing is for 2022 is it not?

nelsona · Post by **nelsona** » Tue Apr 18, 2023 4:12 pm

Yes, it is a yearly filing beginning with the 2022 tax year,

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Underused Housing Tax and Election (UHT)

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