Ontario's staycation tax credit is set to expire this month Ontario
How does the staycation tax credit work?
Individuals can claim up to $1000 if they stay at eligible lodging, including hotels, resorts, or campgrounds when filing their personal income tax next tax season.To be eligible, you must be an Ontario resident on December 31, 2022 and the expenses must meet the following requirements: Stay is less than a month at an eligible accommodation such as a hotel, motel, resort, lodge, bed-and-breakfast establishment, cottage, campground, or vacation rental property in OntarioAccommodation is paid for by the Ontario tax filer, their spouse or common-law partner, or their eligible child, as set out on a detailed receipt provided by the supplier that is registered for the GST and HSTWith a month remaining to take advantage, now is the perfect time to plan a local getaway before the...
perfect for a winter escape, offering activities for everyone from snowmobiling to relaxing at a luxurious spa.with fabulous designs and amenities with delicious dining options to choose from. Just be sure to hold onto your receipts and remember to apply for the refundable credit when it comes time to file your 2022 personal income tax return.past 2022, Ontario government officials told blogTO "there's no information at present time regarding an extension".
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