Training tax credit
Last updated on April 26, 2024The training tax credit is for employers and apprentices who take part in eligible apprenticeship programs administered through SkilledTradesBC.
Budget 2024 extended the training tax credit for employers by three years to December 31, 2027.
Budget 2024 also extended the training tax credit for apprentices by one year to December 31, 2025.
SkilledTradesBC oversees B.C.’s industry training and apprenticeship system, including the administration of Red Seal (Inter-provincial) and non-Red Seal (B.C.-recognized) training programs.
There are three main elements to the training tax credit:
- Basic credit for non-Red Seal training programs
- Completion credit for Red Seal and non-Red Seal training programs
- Enhanced credit for First Nations individuals and persons with disabilities
The federal government provides a credit for employers and a grant for apprentices for Red Seal programs.
Learn more about the training tax credit for employers or apprentices:
Legislation
The following legislation applies to the training tax credit:
A training tax credit is available for eligible employers that employ apprentices in the B.C. shipbuilding and ship repair industry.
Contact us with your questions about program eligibility.
Phone:
250-387-3332 (Victoria)
1-877-387-3332 (Toll free in Canada)
Email:
ITBTaxQuestions@gov.bc.ca
Contact Canada Revenue Agency with your questions about tax credit claims.
Phone:
1-800-959-8281 (for individuals)
1-800-959-5525 (for businesses)