Discover Ontario in 2022 with the Staycation Tax Credit
Staycations are on the rise and those who plan to take one in Ontario in 2022 could be eligible for a tax credit.
That's right, Ontarians who explore the province between Jan. 1 and Dec. 31 of 2022 can claim 20% of their eligible 2022 accommodation expenses of up to $1000 as an individual or $2000 as a family, and receive back up to $200 as an individual or $400 as a family, courtesy of the provincial government.
How does the Ontario Staycation Tax Credit program work? According to the government, an eligible accommodation expense would have to be:
- For a stay of less than a month at an eligible accommodation such as a hotel, motel, resort, lodge, bed-and-breakfast establishment, cottage, or campground in Ontario.
- For a stay between Jan. 1 and Dec. 31, 2022.
- Incurred for leisure.
- Paid by the Ontario tax filer, their spouse or common-law partner, or their eligible child, as set out on a detailed receipt.
- Not reimbursed to the tax filer, their spouse or common-law partner, or their eligible child, by any person, including by a friend or an employer.
- Subject to Goods and Services Tax (GST)/Harmonized Sales Tax (HST), as set out on a detailed receipt.
Take advantage of the program and start planning your next getaway! Visit a CAA Store to speak with a CAA Travel Consultant, call 1-800-267-8713, or go online to book a hotel. Your CAA Travel Consultant can find you the best deals for hotels, car rentals, activities, and so much more. CAA Travel supports federal and provincial COVID-related travel rules and regulations. Health and safety remain our top priority.
