With only hours to spare, the Minister of National Revenue today announced a further extension of filing deadline for 2022 Underused Housing Tax returns – filing by April 30, 2024 will avoid interest and penalties. The filing deadline had been extended to October 31, 2023 from an original deadline of May 1, 2023.
“The Underused Housing Tax is one part of our plan to combat the housing shortage,” says the Honourable Marie-Claude Bibeau, Minister of National Revenue. “We understand that many homeowners may not be aware that they are subject to this new law. This is why I want to ensure that every effort has been made to inform homeowners and help them meet their obligations.”
To read the whole press release issued by the Government of Canada, visit: https://www.canada.ca/en/revenue-agency/news/2023/10/underused-housing-tax-transitional-relief-period-extended-until-april-30-2024.html
