WebGain what you train by taking on an apprentice. Take advantage of funding, programs and tax incentives. WebApprentices who have completed their first year/level, or equivalent, can apply for the Apprenticeship Incentive Grant to help pay for expenses when training in a designated Red Seal trade. You can apply for the grant twice during training and again after completing your second year of training.

Build ON - Skilled Trades in Ontario

WebAs an employer who hires and trains apprentices, you may need to provide information on behalf of your employees so that they can access some of these tax credits: Need more … WebThe tax credit provides up to $5,000 per year for expenses incurred by the company for the apprenticeship. It is available for the first three years of an apprenticeship. The actual amount varies according to total salaries and wages paid by the company in the previous tax year, as shown here: Less than $400,000: 30% of eligible expenditures ... signs and symptoms of cancer in cats

20 Apprenticeship Grants for Businesses in Ontario

WebThe tax credit is based on salaries and wages paid to a student in a co-operative education work placement. Corporations can claim 25 per cent of eligible expenditures (30 per cent for small businesses). The maximum credit for each work placement is $3,000. WebThe tax credit is based on salaries and wages paid to a student in a co-operative education work placement. Corporations can claim 25 per cent of eligible expenditures (30 per cent … http://www.omafra.gov.on.ca/english/food/industry/appr-tax-credit-ont.htm theragun mini booster set