When submitting your personal Income Tax and Benefit Return for 2022, residents of Ontario may deduct 20% of their allowable 2022 accommodation costs, such as those associated with a stay at a hotel, cottage, or campsite. You can obtain up to $200 back as an individual or $400 back as a family by claiming up to $1,000 in eligible costs or $2,000 if you have a spouse, common-law partner, or eligible children.
If you are a resident of Ontario as of December 31, 2022, you are qualified to apply for the credit.
Each family is limited to one claimant for the entire year. The qualifying costs incurred by your spouse, common-law partner, and eligible children may be included in your claim. A child who is qualified cannot claim the credit.
You can claim your own eligible expenses for the credit if you don't have a spouse, common-law partner, or eligible child.
The Ontario Staycation Tax Credit is available for accommodation costs incurred during a short-term stay or camping trip in Ontario for leisure purposes, including:
No matter when the stays were paid for, the tax credit is only applicable to leisure stays between January 1 and December 31, 2022.
You can claim the credit on your personal Income Tax and Benefit Return for 2022.
The Ontario Staycation Tax Credit is a refundable personal income tax credit. This means that if you are eligible, you can get this tax credit regardless of whether you owe income tax for 2022.