Ontario Staycation Tax Credit

The Ontario government has recently announced the Ontario Staycation Tax Credit to help boost provincial travel and tourism. If you are an Ontario resident as of December 31, 2022, you can claim 20% of your eligible 2022 accommodation expenses of up to $1,000 as an individual or $2,000 if you have a spouse, common- law partner or eligible children. This means you’d get back up to $200 as an individual or $400 as a family. Only one individual per family can claim the credit.

The Ontario Staycation Tax credit is valid for any vacation stay of less than one month in the calendar year 2022, in any of the following:

• Hotel
• Motel
• Resort
• Lodge
• Bed-and-breakfast establishment
• Cottage
• Campground

Regardless of how long you stay, you must have a detailed receipt showing:

• The location of the accommodation
• The amount that can reasonably be considered to be for the accommodation portion of a stay (if your stay includes a meal plan in the cost, you must factor that into the claim) 
• The GST/HST paid 
• The date of the stay 
• The name of the payor