Get Canada 5006-C E - Ontario 2022-2024

Eligible tuition and fees for the Canada training credit will be the same as under the existing rules for the tuition tax credit. In particular, eligible tuition and fees will include: tuition fees. ancillary fees and charges (e.g., admission fees, exemption fees and charges for a certificate, diploma or degree); and.

Ontario residents (cottage guests) can claim 20% of their eligible 2022 accommodation expenses (which includes the cost of renting Ontario cottages) when filing their Personal Income Tax and Benefit Return for 2022.

Ontario sales tax credit (OSTC) For payments based on your 2022 income tax and benefit return (July 2023 to June 2024), the program provides a maximum annual credit of $345 for each adult and each child in a family.

It goes on line 47900," Lemay told CTV News Toronto Friday. Ontario's staycation tax credit can be found underneath the Ontario childcare access and relief from expenses (CARE) tax credit.

Unfortunately, the Ford government ended the Ontario Staycation Tax Credit for 2023. The Ontario Minister of Tourism, Neil Lumsden, said it was a temporary one-year measure to help the industry recover after being hit hard by lockdowns.

you must owe Ontario personal income tax. your individual adjusted net income for the year must be below $50,000 (previously $38,500 for the years 2019, 2020 and 2021) your adjusted family net income for the year must be below $82,500 (previously $68,500 for the years 2019, 2020 and 2021)

CRA rules on meals and entertainment expenses ing to the Canada Revenue Agency, the maximum you can deduct for food, beverage, and entertainment expenses is 50% percent of the lesser of the following amounts: The amount you paid for the costs, or. A sum that, given the circumstances, is fair.

Seniors' Home Safety Tax Credit Seniors 65+ and family members living with them may get back 25% of up to $10,000 in eligible expenses per year for their principal residence in Ontario.