--- title: Underused Housing Tax - New for 2022 description: The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022, which impacts certain residential property owners as of December 31, --- Search - There are no suggestions because the search field is empty. - [Portal](https://client.mti-cpa.com/) - [Pay Online](https://mti-cpa.com/online-payment) [![HEADER Logo](https://mti-cpa.com/hubfs/MTI%202025/HEADER%20Logo.svg)](https://mti-cpa.com) [![HEADER Logo](https://mti-cpa.com/hubfs/MTI%202025/HEADER%20Logo.svg)](https://mti-cpa.com) - [Home](https://mti-cpa.com) - [Services](https://mti-cpa.com/services) - [MTI Team](https://mti-cpa.com/mti-team) - [Clients](https://mti-cpa.com/clients) - [Blog](https://mti-cpa.com/blog) - [Resources](https://mti-cpa.com/resources) - [Contact](https://mti-cpa.com/contact) - [Home](https://mti-cpa.com) - [Services](https://mti-cpa.com/services) - [MTI Team](https://mti-cpa.com/mti-team) - [Clients](https://mti-cpa.com/clients) - [Blog](https://mti-cpa.com/blog) - [Resources](https://mti-cpa.com/resources) - [Contact](https://mti-cpa.com/contact) Search - There are no suggestions because the search field is empty. # Underused Housing Tax - New for 2022 [CRA](https://mti-cpa.com/blog/tag/cra) [Tax](https://mti-cpa.com/blog/tag/tax) [UHT](https://mti-cpa.com/blog/tag/uht) [Author: Heather MacLean](https://mti-cpa.com/blog/author/heather-maclean) February 24, 2023 The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022, which impacts certain residential property owners as of December 31, 2022. If you are a Canadian citizen or permanent resident (except in capacity as a partner or trustee\*), no action is required on your part. Anyone else that owns residential property, including Canadian individuals that own the property as a partner or trustee\*, may be an affected owner. *\*You may be considered to hold property as a trustee if you are listed on legal title, in trust for another taxpayer. Examples include, but are not limited to:* - *Executor of an Estate* - *Trustee of a Trust* - *On title of a parent's property for Estate planning purposes (e.g. to avoid probate)* - *On title to assist an adult child to qualify for a mortgage* If you are an affected owner, you will be required to file a UHT return. There are several exemptions available, so a filing requirement does not necessarily mean you will have to pay UHT. However, failure to file a UHT has significant penalties, starting at $5,000 for individuals and $10,000 for corporations. In addition, failure to file could lead to the UHT being payable, even if an exemption should have applied. 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