Paid Work Experience Tax Credits (PWETC)

By mmuise
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. youth work experience hiring incentive (25%, lifetime maximum $5,000);
2. co-op student hiring incentive (15%, lifetime maximum $5,000);
3. co-op graduate hiring incentive (15%, maximum $2,500);
4. apprentice hiring incentive (15%, 20% for rural or northern early level, 25% for high school, maximum $5,000);
5. journeyperson hiring incentive (15%, maximum $5,000).

The credit is fully refundable, but it must first be applied against total taxes payable.

Deadline: Rolling deadline
Eligibility:

Eligible employers must be:

  • taxable corporations and exempt corporate entities:
  • not-for-profit agencies,
  • Crown entities,
  • municipalities,
  • universities,
  • schools,
  • hospitals;
  • based in Manitoba.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise