News Room

The UHT May Be Cancelled, But Vacancy Taxes Remain

As tax professionals, you are keenly aware of the constant changes our federal government makes to the Income Tax Act. Adjustments are made, and you must adapt. Not often, though, is a tax eliminated altogether. But in the case of the Underused Housing Tax (UHT), that is exactly what has happened – it was cancelled in the federal budget of November 4, 2025, but Canada’s underused housing taxes have not been eliminated. Here’s what you need to know for tax season 2026.

“This course exceeded my expectations”

Port Elgin, Ontario’s Marlene Donaldson recently completed the T1 Professional Tax Preparation course with Knowledge Bureau in order to better understand tax changes for the current income tax year as well as to update her skills to better prepare for the upcoming season.

Five Tips To Help You Recharge

We have all heard people say they would rather be at work than take a holiday. 

Mark Your Calendar - Personal Tax Bootcamp

Secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!  

Knowledge Bureau Designate Highlight: Sharon Timson

Join Knowledge Bureau in congratulating Sharon Timson in achieving her DFA – Tax Services Specialist™ Designation.

No More Paper Refund Cheques?

With a target date of April 2016, CRA is moving closer to the elimination of cheques and manual payments and towards full electronic banking for businesses.
 
 
 
Knowledge Bureau Poll Question

Do you agree with the government’s plan to introduce the new Canada Groceries Essentials Benefit (CGEB)?

  • Yes
    24 votes
    33.33%
  • No
    48 votes
    66.67%