Tax Credit Info – Apprenticeship

This page summarizes the various tax credits, grants, and loans available the Horticulture trades. Scroll down the page or use the following quick links to links to go directly to the individual trade’s on this page.

Apprentices may be eligible to collect Employment Insurance benefits during school technical training sessions. Some apprentices qualify for additional benefits such as travel or lodging allowance. Contact your local WorkBC Apprentice Services Centre To enquire about EI and additional benefits.

Common to all trades for both apprentices and Certified Tradespersons is the Tradesperson’s Tool Deduction – up to $500

Tradespersons and apprentices may be able to deduct the cost of eligible tools purchased in each taxation year to earn employment income as a tradesperson. Tradespersons may deduct up to a maximum of $500 for the purchase of eligible tools.

For more information, including how to calculate the tool deduction, visit the Canada Revenue Agency

 

Red Seal Landscape Horticulturist Apprentice Tax Credits/Grants

Apprentice Tax Credit Completion Requirements Regular *Enhanced
Apprentice Incentive Grant Level 1 & 1620 hours logged $1000 $1500
Apprentice Incentive Grant Level 2 & 3240 hours logged $1000 $1500
Completion Tax Credit Level 3 $2000 $3000
Completion Tax Credit CofQ (Level 4, 6480 hours & RFC signed) $2500 $3750
Apprenticeship Completion Grant CofQ & CofA (Level 4, 6480 hours & RFC signed) $2000

Apprenticeship Incentive Grant (AIG)

  • Apply once you have met the requirements and confirmed your eligibility
  • A copy of the ‘ITA Confirmation of Progression Letter’ is submitted with your application.  ITA issues this letter, once you have met the requirements
  • Must apply by June 30th of the following calendar year
    • Example – Meet requirement in 2018, must apply by June 30th 2019
  • Taxable Cash Grant

For more information on the Apprenticeship Incentive Grant (AIG), visit:  https://www.canada.ca/en/employment-social-development/services/funding/apprenticeship-incentive-overview.html

Or http://www.itabc.ca/grants-tax-credits/grants

Completion Tax Credit

  • Apply once you have met requirements
  • ITA transcript is used as proof of meeting requirements
  • Complete Part 2 of the British Columbia Training Tax Credit (T1014) form and submit it with your T1 Income Tax Return
  • Must be claimed no later then 36 months after the end of the tax year.

For more information on the Completion Tax Credit, visit:  http://www2.gov.bc.ca/gov/content/taxes/income-taxes/corporate/credits/training/apprentice

Apprenticeship Completion Grant (ACG)

  • Apply once you have met requirements and confirmed your eligibility
  • Provide proof of Certificate of Apprenticeship & Certificate of Qualification
  • Must apply by June 30th of the following calendar year
    • Example – Meet requirement in 2018, must apply by June 30th 2019
  • Taxable Cash Grant

For more information on the Apprenticeship Completion Grant (ACG), visit: https://www.canada.ca/en/employment-social-development/services/funding/apprenticeship-completion-overview.html

Or http://www.itabc.ca/grants-tax-credits/grants

Other Funding:

Canada Apprentice Loan– up to $4,000 in interest-free loans per period of technical training

The Canada Apprentice Loan is an initiative of the Government of Canada to help you complete your apprenticeship in a designated Red Seal trade.

With the Canada Apprentice Loan, you can get up to $4,000 in interest-free loans per period of technical training. You can use the money to help pay for tuition, tools, equipment and living expenses, to cover forgone wages or to help support your family.

For more information on the Canada Apprentice Loan initiative, visit:  https://www.canada.ca/en/employment-social-development/services/apprentices/loan.html

Arboriculture Apprentice Tax Credits/Grants

Tax Credit Completion Requirements Regular *Enhanced
Basic Training Tax Credit CofQ as Arborist Technician (Level 1, 1600 hours logged, & RFC signed) $1000 $1500
Basic Training Tax Credit CofQ as Climbing Arborist (Level 2, 1800 hours logged & RFC Signed) $1000 $1500
Completion Tax Credit CofQ as Field Arborist (Level 3, 1600 hours logged & RFC signed) $2000 $3000

Basic Tax Credit

  • Apply in the tax year, once you have met requirements
  • ITA transcript is used as proof of meeting requirements
  • Complete Part 1 of the British Columbia Training Tax Credit (T1014) form and submit it with your T1 Income Tax Return
  • Must be claimed no later then 36 months after the end of the tax year

Completion Tax Credit

  • Apply once you have met requirements
  • ITA transcript is used as proof of meeting requirements
  • Complete Part 2 of the British Columbia Training Tax Credit (T1014) form and submit it with your T1 Income Tax Return
  • Must be claimed no later then 36 months after the end of the tax year.

For more information on the Completion Tax Credit, visit:  http://www2.gov.bc.ca/gov/content/taxes/income-taxes/corporate/credits/training/apprentice

Utility Arborist Tax Credits

Tax Credit Completion Requirements Regular *Enhanced
Basic Tax Credit Level 1 $1000 $1500
Basic Tax Credit CofQ as Utility Arborist (Level 2, 2378 hours logged & RFC signed) $1000 $1500

Basic Tax Credit

  • Apply in the tax year, once you have met requirements
  • ITA transcript is used as proof of meeting requirements
  • Complete Part 1 of the British Columbia Training Tax Credit (T1014) form and submit it with your T1 Income Tax Return
  • Must be claimed no later then 36 months after the end of the tax year

Dairy Production Technician 1 Apprentice Tax Credit

Tax Credit Completion Requirements Regular *Enhanced
Basic Tax Credit CofQ as Dairy Production Technician (Level 1, 1000 hours & RFC signed) $1000 $1500

Basic Tax Credit

  • Apply in the tax year, once you have met requirements
  • ITA transcript is used as proof of meeting requirements
  • Complete Part 1 of the British Columbia Training Tax Credit (T1014) form and submit it with your T1 Income Tax Return
  • Must be claimed no later then 36 months after the end of the tax year