I am an:

(please click one or scroll down for more information)

Apprentice


Ontario Tax Information	Learn More about: Apprenticeship Scholarship The 2004 Budget included a new $1,000 Apprenticeship Scholarship for youth. Who Can Participate? Participant must meet the eligibility requirements. Be under 25 years of age Have left school before completing the necessary academic requirements for registering in a trade Be committed to achieving the necessary academic requirements within one year Demonstrate an interest in the skilled trades A young person participating in the program will receive a $1,000 scholarship if they have: completed his or her academic upgrading are employed and are registered as an apprentice Apprenticeship Training Tax Credit By investing in apprentices, we're building careers, businesses and our economy. This page shows you how the Apprenticeship Training Tax Credit may work for you. Simple On-line Calculator Ministry of Revenue Formula
Federal Tax Information	Link to all Federal Tax Incentives Learn More about: Apprenticeship Grants The Apprenticeship Grant Programs provide taxable cash grants to apprentices registered in one of the designated Red Seal trades. Apprenticeship Incentive Grant (AIG) – a $1,000 taxable cash grant available to apprentices registered in one of the designated Red Seal trades who complete their first or second year/level of an apprenticeship program in a designated Red Seal trade, to a maximum of $2,000. Apprenticeship Completion Grant (ACG) – a $2,000 taxable cash grant available to apprentices who complete their apprenticeship program and receive their journeyperson certification in a designated Red Seal trade. Apprenticeship Job Creation Tax Credit The Apprenticeship Job Creation Tax Credit is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices registered in a designated Red Seal trade in respect of employment after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice. For detailed information, refer to Apprenticeship Job Creation Tax Credit. Tradesperson's Tools Deduction The Tradesperson's Tools Deduction provides employed tradespersons with an annual deduction of up to $500 to help cover the cost of new tools necessary to their trade. The deduction applies to the total cost of eligible tools in excess of $1,000. For detailed information, refer to Tradesperson's Tools Deduction.

Ontario Tax Information

Learn More about:

Apprenticeship Scholarship

The 2004 Budget included a new $1,000 Apprenticeship Scholarship for youth.

Who Can Participate?

Participant must meet the eligibility requirements.

Be under 25 years of age
Have left school before completing the necessary academic requirements for registering in a trade
Be committed to achieving the necessary academic requirements within one year
Demonstrate an interest in the skilled trades

A young person participating in the program will receive a $1,000 scholarship if they have:

completed his or her academic upgrading
are employed and
are registered as an apprentice

Apprenticeship Training Tax Credit

By investing in apprentices, we're building careers, businesses and our economy.

This page shows you how the Apprenticeship Training Tax Credit may work for you.
Simple On-line Calculator
Ministry of Revenue Formula

Federal Tax Information

Link to all Federal Tax Incentives

Learn More about:

Apprenticeship Grants

The Apprenticeship Grant Programs provide taxable cash grants to apprentices registered in one of the designated Red Seal trades.

Apprenticeship Incentive Grant (AIG) – a $1,000 taxable cash grant available to apprentices registered in one of the designated Red Seal trades who complete their first or second year/level of an apprenticeship program in a designated Red Seal trade, to a maximum of $2,000.

Apprenticeship Completion Grant (ACG) – a $2,000 taxable cash grant available to apprentices who complete their apprenticeship program and receive their journeyperson certification in a designated Red Seal trade.

Apprenticeship Job Creation Tax Credit

The Apprenticeship Job Creation Tax Credit is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices registered in a designated Red Seal trade in respect of employment after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice. For detailed information, refer to Apprenticeship Job Creation Tax Credit.

Tradesperson's Tools Deduction

The Tradesperson's Tools Deduction provides employed tradespersons with an annual deduction of up to $500 to help cover the cost of new tools necessary to their trade. The deduction applies to the total cost of eligible tools in excess of $1,000. For detailed information, refer to Tradesperson's Tools Deduction.

Problems with this site? Please let us know