Grants and Tax Credits (Employers & Industry)

Apprenticeship Job Creation Tax Credit

Employers of apprentices registered in Red Seal trades may now be eligible to claim the Apprenticeship Job Creation Tax Credit for wages paid after May 1, 2006.

For more information, please visit the Apprenticeship Job Creation Tax Credit (AJCTC) page.

BC Training Tax Credits

The B.C. provincial training tax credits provide refundable income tax credits for employers and employees who are engaged in apprenticeship programs administered through the Industry Training Authority (ITA).

There are three main elements to the training tax credits:

• basic credits for non-Red Seal training programs;
• completion credits for both Red Seal and non-Red Seal training programs; and
• enhanced credits for First Nations individuals and persons with disabilities.

For more information, please see www.sbr.gov.bc.ca/business/Income_Taxes/ttc/

Tradesperson's Tools Deduction

Certified tradespeople and apprentices may be eligible to claim the new tradesperson's tool deduction for tools and equipment purchased for work purposes after May 1, 2006.

For more information, please visit the Tradesperson's Tools Deduction page.