Underused Housing Tax: Impacts to Canadians and Non-Residents
Tax AlertProperty owners with vacant homes in Canada should be aware of the new underused housing tax (UHT), which came into effect on January 1, 2022.
Deputy Prime Minister and Minister of Finance, Chrystia Freeland, delivered Federal Budget 2024 on April 16, 2024.
In this video, Tara Benham, National Tax Leader, highlights key tax measures from Budget 2024 that may impact you or your business.
Watch now!
This video covers tax measures such as:
- An increase in the capital gains inclusion tax rate
- Introduction of the Canadian Entrepreneur’s Incentive
- Introduction of a carbon rebate for small businesses
- A lifetime capital gains exemption
- Measures to support rental housing
Read our full Budget 2024 summary to learn more.
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