Business Platinum Card from American Express
130,000 MR points
Ontario Staycation Tax Credit: Get 20% Back on Local Stays
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Business Platinum Card from American Express
- Earn 90,000 MR points upon spending $15,000 in the first three months
- Plus, earn 40,000 MR points upon making a purchase in months 14–17 as a cardholder
- And, earn 1.25x MR points on all purchases
- Also, receive a $200 annual travel credit
- Transfer MR points to Aeroplan and other frequent flyer programs for premium flights
- Unlimited airport lounge access for you and one guest at Priority Pass, Plaza Premium, Centurion, and other lounges
- Credits and rebates for business expenses throughout the year with Amex Offers
- Bonus MR points for referring family and friends
- Qualify for the card as a sole proprietor
- Annual fee: $799
4 Comments
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Can we still claim the expenses if part or all the hotel fees are paid with gift cards or points, such as Marriott Bonvoy?
In your $800 example, 20% tax credit is only $160 not $200. Therefore 32.5% saving not 37.5%
Hi Ricky, you should check the tax rules regarding residence for provincial individual income taxes. I believe it is based on where you physically reside on Dec 31 and you moved to BC last year. You may not be eligible for the Ontario tax credit.
We think alike! That was my first thought!