Who Can Participate?
The tax credit is available to businesses that:
- have permanent establishments in Ontario
- are subject to Ontario Income Tax
- incur eligible expenditures in training apprentices in designated skilled trades
For further details on eligibility requirements and the list of designated skilled trades, refer to the(1)tax credit bulletin or contact the Ministry of Revenue, Tax Advisory Services Branch at (905) 837-3814.
How Can I Access the Apprenticeship Training Tax Credit?
Corporations may claim the tax credit on Schedule T2SCH552 and file it with their T2 Corporation Income Tax Return. Employers operating unincorporated businesses may claim the credit on Form ON479, Ontario Credits, included in their personal income tax return.
Members of partnerships claim their share of the credit on their own corporate or personal tax returns.
Need more information?
Visit the Apprenticeship Training Tax Credit page, or contact the Ministry of Revenue, Tax Advisory services Branch at (905) 837-3814.
Each year, the Ontario government salutes employers who hire and train apprentices and contribute to the apprenticeship training system. Learn more about the Minister’s Apprenticeship Employer Recognition Awards.
(2) Apprenticeships must be registered by January 1, 2012. The tax credit is claimed on the Corporate Tax or Personal Income Tax return, using CT23 Schedule 114.
Where can I find more information?
Corporations:
Ministry of Revenue
Tax Compliance and Regional Operations Branch
Specialty Assessment Unit
33 King Street West
P.O. Box 629
Oshawa, ON
L1H 8X4
Tel: 905-837-3814
Fax: 905-837-3824
Or visit the ministry website at: www.rev.gov.on.ca
Each year, the Ontario government salutes employers who hire and train apprentices and contribute to the apprenticeship training system. Learn more about the Minister’s Apprenticeship Employer Recognition Awards.
Ontario Youth Apprenticeship Program
The Ontario Youth Apprenticeship Program (OYAP) is a School to Work program that opens the door for students to explore and work in apprenticeship occupations through the Cooperative Education program.
Students have an opportunity to become registered apprentices and work towards becoming certified journeypersons in a skilled trade while completing their secondary school diplomas.
To find out more about becoming an Apprenticeship Employer speak to one of our Employment North Counsellors in our South River or Gravenhurst offices.