Ontario Staycation Tax Credit

Ontario residents planning a getaway in Ontario in 2022 could get back up to 20% on eligible accommodation expenses with the new, temporary Ontario Staycation Tax Credit.

The temporary Ontario Staycation Tax Credit is a personal income tax credit for eligible Ontario residents to claim 20% of qualified accommodation expenses for vacations taken between January 1-December 31, 2022 in Ontario, up to a maximum of $1,000 for an individual and $2,000 for a family. So that translates to a maximum savings of $200 or $400, respectively.

For more information: Ontario Staycation Tax Credit