Apr 14, 2023 | News and Events, Strata Corporations, Underused Housing Tax Updates
The following blog post has been updated based on revised rulings received on April 13, 2023. On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some strata... 
Mar 14, 2023 | News and Events, Personal Tax and Finance, Strata Corporations, Trusts and Estates, Underused Housing Tax Updates
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners, including some short and long term rental property owners, as of December 31, 2022. For a full overview of the Underused... 
Mar 14, 2023 | News and Events, Personal Tax and Finance, Strata Corporations, Trusts and Estates, Underused Housing Tax Updates
On June 9, 2022, the Government of Canada implemented the new Underused Housing Tax (UHT) that will affect certain residential property owners as of December 31, 2022. The Underused Housing Tax is a 1% annual tax on vacant or underused housing in Canada on the...May 9, 2017 | Strata Corporations
Which Type of Year-end Engagement is Right for Your Strata? “Audit”, “Review”, “Notice to Readers”. These are potentially confusing terminology for the layman Strata Council member. Before you allocate budget to next year’s...Aug 8, 2016 | Strata Corporations
Balance Sheet The statement of financial position (SFP) or balance sheet is one of the reports commonly presented to Council, Owners and managers for periodic review. This is often a confusing beast for those unfamiliar with it. Hopefully, after reading this article,...Aug 8, 2016 | Strata Corporations
Income Statement The statement of operations or income statement is one of the reports commonly presented to Strata Council, Owners and professional managers for periodic review. This statement is fairly intuitive but is often not fully understood because the purpose...