Paid Work Experience Tax Credits (PWETC)

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. These wages and salaries are calculated net of other government funding for that remuneration. Eligible employers include taxable corporations and exempt corporate entities (such as not-for-profit agencies, Manitoba Crown entities, municipalities, universities, schools, and hospitals), which must claim the fully refundable credit in the company financial year in which it is earned. In addition, unincorporated employers can claim the refundable credit on their individual income tax return in the tax year in which it is earned. All components of this tax credit are fully refundable for all types of eligible employers. For the 2017 and subsequent tax years, Crown corporations and other provincial government entities are not eligible for this Credit.

Grant Deadline

Deadline not available

Funding Amount

$5,000

Type of Grant

Tax Credit, Training, Hiring

Sectors

All Sectors

Demographics

Incorporation

For Profit, Non Profit

Perks

Region Restriction

This grant is restricted to whole of Canada

Keywords

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

Apprenticeship Components

PWETC includes three components to promote apprenticeship, administered by the Apprenticeship Branch of Jobs and the Economy. These components provide employers with credits for hiring apprentices or recently certified journeypersons for work performed in Manitoba. The credit is claimed on the income tax return in the company financial year in which it was earned. Eligible trades include both Red Seal and non-Red-Seal trades. Budgets 2012 and 2014 announced significant enhancements of the tax credit rates and maximums for these three components, and their duration has been extended indefinitely. Please see the table below for the existing and newly announced rates and conditions. 

Effective with each employer’s financial year ending after December 31, 2014, a common 15% credit on wages and salaries to a maximum of $5,000 per apprentice per year will be available for hiring apprentices through all levels of apprenticeship and for hiring journeypersons for the first two years. The rural and northern bonus for hiring Level 1 and 2 apprentices will continue to provide a total 20% credit on wages and salaries, with a cap of $5,000 per year per apprentice. Starting January 1, 2016 the High School Apprentice Incentive is 25% of wages paid to a maximum of $5,000 per apprentice per year (up from 15% in 2015 and prior tax years). All hiring incentives are net of other government assistance received or payable, including, where applicable, the federal Apprenticeship Job Creation Tax Credit.

Grant Application website

https://gov.mb.ca/finance/business/ccredits.html#pwetc-corp

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