Paid Work Experience Tax Credits (PWETC)
$5,000.00
Tax Credit
Description:
The Paid Work Experience family of tax credits provides qualified employers with a percentage of the wages and salaries paid to certain types of trainee employees and recent graduates working in Manitoba. PWETC includes incentives for hiring youth, co-op students, co-op graduates, apprentices and journeypersons.
Comments on Funding:
The Manitoba paid work experience tax credit includes the following:
1. high-school apprentice hiring incentive (25%, lifetime maximum $5,000 per apprentice per year);
2. high-school co-op student hiring incentive (25%, lifetime maximum $5,000 per student);
3. post-secondary co-op student hiring incentive (15%, lifetime maximum $5,000 per student);
4. co-op graduate hiring incentive (15%, maximum $2,500 per graduate for the first two years of employment);
The credit is fully refundable, but it must first be applied against total taxes payable.
Rolling deadline
Eligibility:
Applicants must be:
1. taxable corporations and exempt corporate entities:
2. not-for-profit agencies,
3. Crown entities,
4. municipalities,
5. universities,
6. schools,
7. hospitals;
8. based in Manitoba.
Application Steps:
Applicants must contact:
Manitoba Tax Assistance Office
110A – 401 York Avenue
Winnipeg, MB R3C 0P8
Phone: 204-948-2115 or 1-800-782-0771 (in Manitoba) Fax: 204-948-2263
E-mail: tao@gov.mb.ca
Website: www.gov.mb.ca/finance/tao/index.html
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
