Canada Revenue Agency

Canada Revenue Agency

January 28, 2008 10:11 ET

Canada Revenue Agency/Tax Tip: Apprenticeship Job Creation Tax Credit

OTTAWA, ONTARIO--(Marketwire - Jan. 28, 2008) - Did you know...

That businesses with an eligible apprentice may be able to claim the apprenticeship job creation tax credit? This is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices for employment after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice.

For more information about the credit, visit cra.gc.ca/individuals and select "A" from the drop-down menu for "Apprenticeship job creation tax credit."

Contact Information

  • Canada Revenue Agency
    Beatrice Fenelon
    Media Relations
    613-941-6269