Claiming the Apprenticeship Job Creation Tax Credit

by Craig Anthony

0 min read

The Government of Canada offers the Apprenticeship Job Creation Tax Credit to small business owners to cover their salary expenses when they hire eligible apprentices who work in certain trades. In each tax year, business owners can claim 10% of the salary up to $2,000 per eligible apprentice.

To be eligible for this tax credit, small business owners must hire someone who is in the first two years of a registered apprenticeship contract and is working toward being certified or licenced in a trade designated as a Red Seal Trade, such as carpentry or plumbing. Eligible business owners can claim the AJCTC as an investment tax credit when they file their income tax return, and can carry any unused credit back three years and forward 20 years.

References & Resources

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