Tax credit for an on-the-job training period
You can apply for a tax credit for expenditures incurred with respect to a trainee as part of a training period. The assignment period must be completed in Quebec and the student must be enrolled full time at a recognized educational institution.
The tax credit can cover up to 24% of eligible expenses (32%, if the trainee is an immigrant or a person with a disability), namely:
- Maximum hourly rate for an eligible trainee, that is $18
- Hourly wage paid to the employee who supervises the trainee
In addition, you could benefit from an enhanced tax credit rate enhancement for eligible expenses incurred after March 26, 2015 (some conditions apply).