ARCHIVED - Completing Your Ontario Forms

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ARCHIVED - Apprenticeship training tax credits


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Use this chart to calculate an apprenticeship training tax credit if the total of the salaries and wages paid in the previous tax year was greater than $400,000 but less than $600,000.

Reproduce the chart to do separate calculations for each qualifying apprenticeship.

Amount of eligible expenditures.* × 35% = A
Enter again the amount of eligible expenditures × 10% = B
Total of salaries and wages paid in the previous tax year − $400,000 = C
Amount from line C (if negative, enter 0) ÷ $200,000 = D
1 minus the
amount from line D		 - = (if negative, enter 0) X E
Multiply line B by line E = + F
Add lines A and F Credit amount = G

*The eligible expenditure does not include government assistance.

The maximum credit for each qualifying apprentice employed by you for the entire year is $10,000. For each qualifying apprentice, enter the lesser of box G and $10,000 on line 35 of Form ON479.

Co-operative education tax credits

Use this chart to calculate a co-operative education tax credit if the total of the salaries and wages paid in the previous tax year was greater than $400,000 but less than $600,000.

Reproduce the chart to do separate calculations for each qualifying work placement of each student employed.

Amount of eligible expenditures.* × 25% = A
Enter again the amount of eligible expenditures × 5% = B
Total of salaries and wages paid in the previous tax year − $400,000 = C
Amount from line C (if negative, enter 0) ÷ $200,000 = D
1 minus the
amount from line D		 - = (if negative, enter 0) X E
Multiply line B by line E = + F
Add lines A and F Credit amount = G

*The eligible expenditure does not include government assistance.

The maximum credit is $3,000 per student per qualifying work placement. For each qualifying work placement of each student, enter the lesser of box G or $3,000 on line 7 of Form ON479.

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Date modified:
2012-01-04