BC Shipbuilding and ship repair industry tax credit

The shipbuilding and ship repair industry tax credit is a tax credit for eligible employers that employ apprentices in the B.C. shipbuilding and ship repair industry. An eligible employer is an employer whose principal business is constructing, repairing or converting ships. An eligible apprentice is an employee who is registered as an apprentice with SkilledTradesBC and is enrolled in an eligible apprenticeship program.

2026-12-31

20% of

Tax Credit

Engineering, Industrial, Manufacturing, Transportation

Indigenous, Person with Disabilities

For Profit

This grant is restricted to whole of Canada

This grant is age restricted from 18 to 100

You can claim the following amounts:

Basic tax credit – 20% of salary and wages (up to $5,250) paid to an apprentice in the tax year during the first 24 months of an eligible Red Seal or non-Red Seal program. The basic credit does not require the apprentice to complete any technical training or a set number of hours.
Completion tax credit – 20% of salary and wages (up to $5,250) paid to an apprentice in the 12 month period prior to the apprentice completing the requirements for tax credit level 3 or 4 of an eligible program. The completion tax credit is claimed in the tax year the level is completed.
Enhanced tax credit – the basic and completion tax credits are enhanced by 50% (up to $2,625) for apprentices who are eligible First Nations individuals or persons with disabilities. This is in addition to the basic credit or the completion credit. First Nations individuals are persons registered as Indians under the Indian Act (Canada). Persons with disabilities are individuals who qualify for the federal disability tax credit.

Phone:

250-387-3332 (Victoria)

1-877-387-3332 (Toll-free in Canada)

Email:

ITBTaxQuestions@gov.bc.ca