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Underused Housing Tax (UHT)

Underused Housing Tax (UHT)

Underused Housing Tax is a policy introduced by Canada to solve the housing shortage problem, encouraging homeowners to put vacant houses on the market. Both the Toronto City Government and the Canadian federal government have introduced different vacancy tax policies according to their own situations. 

Federal Vacancy Tax (Underused Housing Tax, UHT)

Scope of application: Covers residential properties across the country, mainly for non-Canadian residents or non-permanent residents. If you are on a work permit or a study permit, you need to declare whether your house is vacant or not!

Tax rate: If it is vacant, 1% of the assessed value of the house will be paid

Tax exemption conditions: Houses used for long-term rental (accumulated for more than 180 days), meet self-occupancy conditions or meet other federal exemption standards are not subject to vacancy tax.

Pay advance tax: Even if the vacancy tax is exempted, non-resident homeowners still need to complete the declaration and submit the advance tax on the rental income of the house.

Declaration deadline: April 30th of each year. Unlike the Toronto Vacancy Tax, the federal tax only requires eligible homeowners to declare. Failure to file on time may result in a fine of $5,000 or tax penalties.

If you do not have a Canadian income tax number, please apply for one as soon as possible (the application process takes 2-4 weeks).

This declaration is based on each person, so the quote is based on each owner. If your property has two owners, you need to add two orders.

regular price $100.00 CAD
regular price Sale price $100.00 CAD
discount price sold out

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FAQ Q&A

Q: What information do I need to prepare?

Lawyer Title transfer document PDF, property tax bill PDF for the latest year, usage throughout 2022, and the proportion of other immediate family members in Canada who hold the property.

Q: How long does it take to declare UHT?

The current processing time is 1-2 days. Follow the process to place an order online, and you will receive our information collection email, in which you can submit the corresponding information. After receiving the information, we will handle your problem on a first-in, first-out basis.

Q: How do I know if my application has been processed?

For every declaration we process, a confirmation notification from the government will be sent to your email address by email.

Q: I live in Canada and my house is not vacant. Do I need to declare it?

If you are not a Canadian PR or citizen, there are reporting requirements regardless of whether the house is vacant or not.

Q: I live in Canada and have a study permit. Do I need to declare it?

Declaration is required. If you are not a PR or citizen on December 31st, you must declare in that year.

Q: I live in Canada and have a work permit, do I need to declare it?

Declaration is required. If you are not a PR or citizen on December 31st, you must declare in that year.

Q: Can I pay by email transfer (EMT)?

Please transfer the payment to sales@goldkeybiz.com as soon as possible and indicate the Invoice Number in the remarks. Thanks for your cooperation!