Apprenticeship Training Tax Credit (ATTC) Ontario
“Ontario. Finance”
The funder does not disclose this information
Maximum Eligible Amount
Tax Credit
Fund Type
The provincial government supports apprenticeships by subsidizing in-school training and certifying workers to provincial industry standards. Companies that hire and train apprentices in certain skilled trades, including millwrights and process operators can receive a tax credit from the Ontario government.
The actual amount varies according to total salaries and wages paid by the company in the previous tax year, as shown here:
- Less than $400,000: 45% of eligible expenditures for the apprentice
- $400,000 to $600,000: 35-45% of eligible expenditures
- More than $600,000: 35% of eligible expenditures
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