The Apprenticeship Job Creation Tax Credit (AJCTC) is a non-refundable federal tax credit equal to 10 per cent 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.
Any business that hires an “eligible apprentice,” can qualify for the credit. [...]
Posts Tagged ‘apprenticeship job creation tax credit’
Apprenticeship Job Creation Tax Credit (AJCTC)
by Survive and Thrive - Wednesday, July 8th, 2009
Government assistance programs which may assist your business
by David Logan - Tuesday, July 7th, 2009There are various government assistance programs which exist to support businesses in Canada. Often the government support is only accessed after the expenditures are made and some are claimed upon filing your income tax return so there can be a lengthy period of time before the cash can be accessed. These programs will not create [...]
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