The AJCTC is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect to employment after May 1, 2006.
Non-refundable tax credit of 10% of eligible salaries and wages payable to eligible apprentices to a maximum of $2,000 per year for each eligible apprentice.
In addition, any unused credit may be carried back three years and carried forward 20 years.
Eligible salaries and wages payable to eligible apprentices.
Prescribed trade includes the trades currently listed as Red Seal Trades. For more information, see the Interprovincial Standards Red Seal Program.
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