Apprenticeship Training Tax Credit
By investing in apprentices, we're building careers, businesses and our economy.
This page shows you how the Apprenticeship Training Tax Credit may work for you.
Assumptions
- Expenditures must be for services provided by the apprentice to an eligible employer during the first 36 months of the qualifying apprenticeship program;
- Other government assistance may reduce the allowable credit; and
- Entity must be an Ontario corporation or unincorporated business.
Note: This calculator has been designed for demonstration purposes only and may not represent the actual allowable amount to be claimed.
For details on the Apprenticeship Training Tax Credit visit: www.rev.gov.on.ca/english/bulletins/ct/3020.html.
For inquiries relating to the tax administration of the Apprenticeship Training Tax Credit, contact:
Ministry of Revenue
Corporations Tax Branch
1-800-262-0784 ext. 5450
For questions about apprenticeship contact your local Ministry apprenticeship office or 1-888-JobGrow.
|
|