• DRIVE CLEAN – MINISTRY OF ENVIRONMENT: UPDATED INFORMATION TO FOLLOW SHORTLY

  • DEDUCTION FOR TOOLS (2016): If you were a tradesperson in 2016, use the following formula to calculate your maximum tradesperson’s tools deduction for the cost of eligible tools you bought in 2016.

  • CO-OP EDUCATION TAX CREDIT: The Co-operative Education Tax Credit (CETC) is a refundable tax credit. The CETC is available to employers who hire students enrolled in a co-operative education program at an Ontario university or college.

  • APPRENTICESHIP JOB CREATION TAX CREDIT: The AJCTC is a non-refundable tax credit equal to 10% 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.

  • TOOL TAX CREDIT: You may be able to deduct the cost of eligible tools you bought to earn employment income as a tradesperson and as an eligible apprentice mechanic. This cost includes any GST, and provincial sales tax, or HST you paid.

  • APPRENTICESHIP GRANTS: Apprenticeship grants are designed to make a career in the trades an attractive choice and encourage more apprentices to complete their training. Eligible apprentices could receive up to $4,000, which can be used to pay for tuition, travel, tools, or other expenses.