Ontario Jobs Training Tax Credit

Overview

The Ontario Jobs Training Tax Credit is a temporary, refundable personal income tax credit that helps workers get training that may be needed:

for a career shift
for re-training
to sharpen their skills

The credit provides up to $2,000 in relief for 50% of a person’s eligible expenses in 2021 and 2022.

Eligibility

Who is eligible

The Ontario Jobs Training Tax Credit has the same eligibility requirements as the Canada Training Credit, and you must be an Ontario resident on December 31, 2022.

To claim the credit for 2021 or 2022, you must have a positive Canada Training Credit limit in that year, be aged 26 to 65 years old at the end of that year, and meet the other requirements set out in the federal Income Tax Act, for at least one of 2019, 2020, or 2021. You can find your Canada Training Credit limit on your latest notice of assessment or reassessment, which is provided by the Canada Revenue Agency (CRA).

You can visit the Canada Revenue Agency’s w ebsite to learn more about who can apply.

Which expenses are eligible

Expenses eligible for the Ontario Jobs Training Tax Credit are the same as those that can be claimed for the Canada Training Credit. These include:

tuition and other fees paid to an eligible educational institution in Canada for courses taken in 2021 or 2022
fees paid to certain bodies in respect of an occupational, trade or professional examination taken in 2021 or 2022

These expenses can include:

Occupational skills courses

Fees for occupational skills courses if they are paid to a university, college or certain other educational institutions, if the student is enrolled in the institution to obtain or improve their skills in an occupation.

Occupational, trade or professional exams

Fees for an occupational, trade, or professional examination required to obtain a professional status, or to be licensed or certified as a tradesperson, and that are paid to a:

university
college or other educational institution
professional association
provincial ministry, or other similar institution

Postsecondary education courses

Fees for one or more courses at the postsecondary level can qualify, if the courses provide credit towards a degree, diploma or certificate.

To learn if a particular program or course may be eligible for the credit, contact the college, university or private career college where it is offered. You can visit the Canada Revenue Agency’s website to learn more about which expenses are eligible.

How much can you receive

The Ontario Jobs Training Tax Credit is calculated as 50% of eligible expenses for the tax year, up to a maximum credit of $2,000 per year.

The chart below shows two examples of savings in 2021 due to the supports from the Canada Training Credit and the Ontario Jobs Training Tax Credit. In the first example, Hope would get back $350 through the Ontario Jobs Training Tax Credit. In the second example, Irene would get back $2,000 through the Ontario Jobs Training Tax Credit. They would get this money when they file their 2021 personal income tax return.

How to claim

You can claim this tax credit when you file your Personal Income Tax return for 2021 and 2022. You will get your money as part of your tax refund from the Canada Revenue Agency.

Contact us with any questions

Source: Ontario Ministry of Finance.