The Canada Revenue Agency is expanding the Northern Residents Travel Deduction to include some personal travel.
This tax year, you and each of your family members can claim two personal trips, in addition to business and medical-related trips already covered by the deduction.
There are still limits on what expenses you can claim for each trip. The new standard amount you can write off per year is $1200.
For each trip, you can claim the lowest amount of; the value of the taxable travel benefit from your employer; the actual amount you spent on the trip; or the lowest return airfare between the airport nearest to you, and the nearest designated city (Vancouver, for BC Residents.)
If you claim the benefit, remember to keep all your receipts and supporting documents.
The deadline to file your taxes is April 30.
