Apprenticeship Training Tax Credit
Your Ontario business may be eligible for a tax credit up to $5,000 per year, to hire and train an apprentice in certain skilled trades. The maximum credit amount is $15,000 over a 36-month period.
Eligible expenditures for your qualified apprenticeships include:
- Salaries and wages (including taxable benefits)
- Fees paid to an employment agency for services performed by an apprentice
Other conditions may apply.