Training tax credit

The training tax credit is for employers and apprentices who take part in eligible apprenticeship programs administered through SkilledTradesBC.

Budget 2022 extended the training tax credit for another two years to December 31, 2024.

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:

• Training tax credit for employers
• Training tax credit for apprentices 

Legislation

The following legislation applies to the training tax credit:

• Income Tax Act (B.C.) Part 9
• Training Tax Credits Regulation
• Training Tax Credits (Prescribed Requirements and Date) Regulation