Apprenticeship Job Creation Tax Credit – Canada Revenue Agency (2022)
The Apprenticeship Job Creation Tax Credit is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006.
Comments on Funding:
Funding is 10% of the eligible salaries and wages payable to eligible apprentices.
The maximum credit an employer can claim is $2,000 per year for each eligible apprentice.
This contract must be registered with a federal, provincial, or territorial government under an apprenticeship program designed to certify or license individuals in the trade.
When It Ends: