WebThe Co-operative Education Tax Credit CETC is a refundable tax credit available to taxpayers hiring eligible university or college students enrolled in a recognized post … WebJun 7, 2024 · The Co-op tax credit is a refundable tax credit that creates a reciprocal relationship in which the student and employer can both benefit greatly. The government …

Co-operative education tax credit ontario.ca

The tax credit is based on salaries and wages paid to a student in a co-operative education work placement. Corporations can claim 25 per cent of eligible expenditures (30 per cent for small businesses). The maximum credit for each work placement is $3,000. See more This page provides general guidelines on the co‑operative education tax credit (CETC). It is not a substitute for the legislation contained in the Taxation Act, 2007 (TA). See more For each qualifying work placement ending in the taxation year, an eligible employer may claim a refundable tax credit for eligible expenditures incurred after … See more The 2009 Budget introduced enhancements to the CETC for expenditures incurred after March 26, 2009. … See more WebMinistry of Education ontario.ca timet swansea address

COOP - Cooperative Education - Ontario eSchool

WebThe Co-operative Education Tax Credit (CETC) is a refundable tax credit available to employers who hire students enrolled in a recognized Ontario university or college … Web25% (30% for small businesses) of the eligible expenditures made in respect of that co-op work placement; and $3,000 of the eligible employer’s total tax credit for the taxation … WebCo-operative Education Tax Credit (CETC) – Up to $3,000 Canada Summer Jobs Hiring your co-op student after graduation Co-op students make a significant contribution to the organizations they work for, and as a result employers often want to keep them on staff even after co-op ends and students graduate. time_t string 変換