Sign Up for the Grant Gazette

5 Grant Gotchas - Header CTA - Hello Bar

Along the top of the site, you will see a "call to action." It's an orange bar.

  • This field is for validation purposes and should be left unchanged.

There is grant money waiting for YOU!

BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

  • Hidden
  • This field is for validation purposes and should be left unchanged.

Apprenticeship job creation tax credit:

none

Value

Maximum credit an employer can claim is $2,000 per year for each eligible apprentice.

Description

The apprenticeship job creation tax credit (AJCTC) is a non-refundable investment tax credit (ITC) equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit an employer can claim is $2,000 per year for each eligible apprentice. If your business hires an eligible apprentice, you qualify to claim the credit.

Eligible Applicants

An eligible apprentice is someone who is working in a prescribed trade in the first two years of their apprenticeship contract. This contract must be registered with a federal, provincial, or territorial government under an apprenticeship program designed to certify or license individuals in the trade.

A prescribed trade includes the trades currently listed as Red Seal Trades. For more information, see Red Seal Program.

Eligible Expenses

Deadline Date

Ongoing.

Contact

Contact Name: Canada Revenue Agency (CRA)

Phone Number: 1-800-959-5525

Website: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-41200-investment-tax-credit/apprenticeship-job-creation-tax-credit.html

Industry:

Employment

Location:

Alberta, British Colombia, Manitoba, New Brunswick, Nova Scotia, Nunavut, NWT, Ontario, PEI, Quebec, Saskatchewan, Yukon

I’m going to let you in on a secret: You don’t have to waste countless hours or drown in paperwork to win grants

With ABG, you can find the right grants, prepare for your meeting, and write a winning application that will get you the most money, in the least amount of time.

Contact Alberta Business Grants right now.

Grants

Learn more

Join the Weekly Newsletter

5 Grant Gotchas - Header CTA - Hello Bar

Along the top of the site, you will see a "call to action." It's an orange bar.

  • This field is for validation purposes and should be left unchanged.

Contact

1-780-297-6177

davidk@albertabusinessgrants.ca

Linkedin Youtube

Alberta Business Grants
Edmonton, Alberta
Canada

© Copyright 2024 | Alberta Business Grant Ltd | All Rights Reserved

Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

  • Hidden
  • This field is for validation purposes and should be left unchanged.