Apprenticeship Job Creation Tax Credit Qualifications

2020-04-13T08:23:02-08:00

The Apprenticeship Job Creation Tax Credit (AJCTC) is a non-refundable tax credit equal to 10{cae2521f64dcff784c511b644c6cc8c98f9594c79acdd41ba953a724385391e5} of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit an employer can claim is $2,000 per year for each eligible apprentice. If your business hires an eligible apprentice, you qualify to claim the credit. Determining if the apprentice is