General
--Tool Tax Credit ($500.)
Topic outline
- General
- Apprenticeship Grants (Federal)
Apprenticeship Grants (Federal)
As an apprentice in a Red Seal trade, you get to earn while you learn, but a little extra money can always help.
The Government of Canada provides up to a maximum lifetime amount of $4,000 per person in federal apprenticeship taxable cash grants to help you progress in or complete your apprenticeship training.
Apprenticeship Grants: https://www.canada.ca/en/employment-social-development/services/apprentices/grants.htmlThe Apprenticeship Incentive Grant (AIG) is a taxable cash grant of $1,000 per year or level, for a lifetime maximum amount of $2,000 per person.
The Apprenticeship Completion Grant (ACG) is a one-time taxable cash grant lifetime amount of $2,000 per person for registered apprentices who complete their apprenticeship training and obtain their journeyperson certification.
- Training Tax Credit for Apprentices
Training Tax Credit for Apprentices
The Training Tax Credit provides refundable income tax credits for apprentices enrolled in programs administered through the Industry Training Authority (ITA).
- Youth Work in Trades (WRK) Award
Youth Work in Trades (WRK) Award
Youth Work in Trades (WRK) Award
$1000 Award Criteria
Students who are eligible for the Youth Work in Trades Award will automatically be considered. There is no need to apply. To be eligible, students must have:
Been registered with the Industry Training Authority as a Youth Apprentice
Graduated with a Grade 12 Dogwood Diploma or Adult Dogwood
Successfully completed WRK 11A, WRK 11B, WRK 12A, and WRK 12B
Maintained a C+ average or better on Grade 12 numbered courses *
Reported a total of at least 900 hours to the ITA by December 31 of the school year the student turns 19 **
- STEP (Skilled Trades Employment Program)
STEP (Skilled Trades Employment Program)
The Skilled Trades Employment Program (STEP) launched in 2006. From the start, STEP has focused on finding motivated, trained, and ready-to-work candidates for construction employers with jobs to fill.
We’re unique because we start with the job, then find candidates that are a great fit. In this way, the BCCA has made STEP an integral part of BC’s construction sector, and advanced thousands of British Columbians along a rewarding career path in the skilled trades. Whether we’re connecting BC employers to entry-level workers or new apprentices, we’re here to build skills, careers, and opportunities.
We’ve grown. More than 10,000 individuals have been connected with new career opportunities through STEP.
Today, a network of 11 STEP offices throughout the province connects employers and job seekers every day.
Check out http://www.stepbc.ca/ website to find out more.
- Apprenticeship Financial Support (WorkBC)
Apprenticeship Financial Support (WorkBC)
- Employed tradespersons (and apprentice mechanics)
Employed tradespersons (and apprentice mechanics)
Completing your Tax return, enter your claim on the Tradesperson's tools expenses line (1770) of Form T777, Statement of Employment Expenses.
Completing your Tax return, enter your claim on the Apprentice mechanic tools expenses line (9131) of Form T777, Statement of Employment Expenses