As the consequences of Covid-19 continue to impact our communities, the Ontario provincial government has offered some tax incentives to plan your next vacation in Ontario.
To promote local travel, the Ontario provincial government has implemented the 2022 Ontario staycation tax credit. This means that Ontario residents can claim up to 20% of eligible accommodation expenses on their taxes for the 2022 year only. To learn more about the staycation tax credit, check out the information on the Ontario government page.
In a recent post by MoneySense, 5 staycation ideas are outlined to help you plan your staycation in Ontario. This post offers information on the staycation tax credit and locations around Ontario for staycation, including places like Collingwood and the Agawa Canyon train in Sault Ste. Marie.
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