Hiring an apprentice can connect you with an employee that has knowledge of cutting-edge technologies and concepts to help your business stay competitive. Government knows apprenticeship is important for our economy and provides incentives to offset the costs of apprenticeship.
If you are an employer with apprentices or if you want to start an apprenticeship program, the Employer page will provide all of the information you need about apprentices in your workplace.
If you are an apprentice or would like to be one, the Apprentice page is a great place to learn more.
Here are financial incentives available to both the employer and the individual apprentices:
- Apprenticeship Job Creation Tax Credit (AJCTC): Employers that hire an eligible apprentice can claim a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to the apprentice in respect to employment after May 1, 2006. The maximum credit is $2,000 per apprentice per year.
- Manitoba Paid Work Experience Tax Credits: Available for employers who are not eligible for the AJCTC. Employers can claim a percentage of apprentices and newly certified journeypersons wages up to a maximum dollar amount. Employers will receive the credit through their annual personal or corporate income tax return. A pre-approval process will no longer be required. The refundable credit is extended indefinitely.