![]() ![]() your Baker Tilly Montreal contact is not listed above, please contact them directly to request their Secure File Drop link.There are several file transfer tools designed to work as viable AirDrop substitutes for Windows. Please use one of the following links below to upload your documents to your Baker Tilly contact securely: Name of Baker Tilly Montreal ContactĪbe K. Please contact us if you have any questions.īAKER TILLY MONTRÉAL S.E.N.C.R.L./LLP Appendix A ![]() Our firm has published a Tax Alert, including a UHT test, to assist you in determining whether you need to file a UHT return and whether you may owe the 1% tax on the property’s value. While there are a few other exclusions, almost all other individuals, Canadian private corporations, trustees, executors, and partners will need to file a separate UHT return for each residential property owned, whether or not the tax actually applies. Then you are excluded from filing a return. are a Canadian citizen or permanent resident of Canada who personally owned residential property (not as a trustee of a trust or partner of a partnership).did not own residential property on Decemor.While the UHT is generally designed to tax residential properties that are considered vacant or underused and not owned by Canadian citizens or permanent residents of Canada, many individuals, corporations, trustees, executors, and partners who hold legal title to residential real estate in Canada may have to file a UHT return by April 30, 2023, even if no tax is owing, or potentially face steep penalties. The Underused Housing Tax (UHT) is now law, and if you own residential property in Canada you will want to take note of it. Prescription Drug Summary – Please ask your pharmacist for a summary of all prescription medication sold to you, your spouse and your children in 2022 Foreign Income Reporting Requirements – Please ask your broker to provide a detailed summary of your foreign reporting information Realized gain or loss summary – Please ask your broker for a realized gain or loss summary. RL-24 slips are now required as proof of payment receipts will no longer be acceptable.First-time home buyer: neither taxpayer or spouse owned and lived in another home in the calendar year of the home purchase or in any of the four preceding calendar years. ![]() Maximum tax credit increased from $750 to $1500.Expansion of eligible medical expenses related to fertility treatments and surrogacy.Still must be certified by a medical practitioner.Individuals diagnosed with Type 1 diabetes are now deemed to meet the requirements for life-sustaining therapy Criteria updated for life-sustaining therapy which is required to support a vital function Criteria updated to include mental functions necessary for everyday life including attention, concentration, memory, problem-solving and more Changes made to criteria for mental functions and life-sustaining therapy.The work must be performed by a qualified contractor under a contract entered into prior to April 1, 2027.Eligible dwelling is principal residence or cottage in Québec built prior to 2017.Credit for qualified expenditures incurred for the upgrading of a system for the discharge, collection and disposal of waste water for an eligible dwelling.Quebec Tax Credit for the upgrading of Residential Waste Water Treatment Systems It can be completed on your computer or printed out and filled in by hand. Please be sure to complete the checklist and send it back to us along with all your relevant tax documents. Drop off your tax documents in the Dropbox at our officeĬlick here to access the detailed organizer for 2022 - Personal Income Tax Checklist. Send your Baker Tilly contact all your tax documents in an email via “Secure File Drop” – please refer to the Appendix A below for your contact’s secure upload link We kindly ask that you send us your tax information as early as possible using one of the methods below: The time has come to begin thinking about the preparation and timely filing of your 2022 personal income tax returns.
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