Training tax credit
The training tax credit is for employers and apprentices who take part in eligible apprenticeship programs administered through the Industry Training Authority (ITA).
The training tax credit is effective until the end of 2022. Budget 2022 proposes to extend the training tax credit for another two years to December 31, 2024.
The ITA 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
Learn more about the training tax credit for employers or apprentices:
The following legislation applies to the training tax credit: