Co-op Students Hiring Incentive (COS-HI)
$5,000.00
Tax Credit
Description:
The Co-op Students Hiring Incentive (COS-HI) is designed to provide training and work experience for students to help create more employment opportunities through co-operative education work placements. The benefit provides a 15% tax credit of up to $5,000 per student that will help to encourage employers to provide a work placement for co-op education students.
Comments on Funding:
Rolling deadline
Eligibility:
Eligibility criteria:
1. Eligible employers include taxable corporations or exempt corporate entities. 2. Unincorporated employers may claim the refundable credit on the individual income tax return.
Application Steps:
Employers seeking information on how to claim the Paid Work Experience Tax Credit on their income tax must contact:
Manitoba Finance
Manitoba Tax Assistance Office
809-386 Broadway
Winnipeg MB R3C 3R6
Telephone: 204-948-2115 or (1-800-782-0771 outside Winnipeg)
Fax: 204-948-2263
Email: tao@gov.mb.ca
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
The Co-op Students Hiring Incentive (COS-HI) is one of the Paid Work Experience Tax Credits.
About the author
Maurice