Ontario Staycation Tax Credit
Take advantage of the Ontario Staycation Tax Credit and claim 20% of your eligible 2022 accommodation expenses.
As per the ontario.ca website,
“Ontario residents can claim 20% of their eligible 2022 accommodation expenses […] when filing for their personal Income Tax and Benefit Return for 2022. You can claim eligible expenses of up to $1,000 as an individual or $2,000 if you have a spouse, common-law partner or eligible children, to get back up to $200 as an individual or $400 as a family.”
And, before you ask “Is Hotel X Toronto an eligible hotel to take advantage of the Ontario Staycation Tax Credit?”
As long as all other requirements outlined in the link provided above are met, Hotel X Toronto is an eligible destination to receive the tax credit.
We look forward to welcoming you for your next staycation!