👉The Canada Revenue Agency or the (CRA) has extended the deadline to file their federal Underused Housing Tax (UHT) returns. The new deadline has been extended from October 31, 2023 to April 30, 2024. The CRA also mentioned that they are going to waive off penalties and interest for late UHT returns and payables. However, they must be filed and paid within the new revised deadline. The UHT is a 1% annual tax on vacant or underused residential properties in Canada. The aim is to increase the number of available housing. However, it does affect foreign nationals, some Canadian citizens and residents, and certain companies.✅ . . #HousingTax #DeadlineExtension #TaxNews #Canada #CanadaHousing #TaxDeadline #UnderusedHousingTax #mnm #malayalisnearmeapp #canadaupdate #canadanews