Apprenticeship Job Creation Tax Credit
The information below is based on legislative proposals and may be subject to change.
Apprenticeship Job Creation Tax Credit
1. What is the Apprenticeship Job Creation Tax Credit (AJCTC)?
The AJCTC is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice.
2. Who qualifies?
Any business that hires an “eligible apprentice”.
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SUV probably bigger gas guzzler than my beater Lumina - but just before...
