Apprenticeship Job Creation Tax Credit
Government of Canada - Canada Revenue Agency (CRA)Applies to: All of Canada
If you hire an apprentice, you can receive a tax credit equal to 10% of their salary. The maximum credit is $2,000 per year. You must hire an apprentice who is:
- in a trade listed under the "Red Seal Trades" or approved by the Minister of Finance;
- in the first two years of an apprenticeship program registered with a federal, provincial or territorial government;
- working towards getting a certificate or licence in that trade.
You don't have enough taxes payable to deduct all of the AJCTC? Any unused credit may be carried back three years or carried forward twenty years.
