British Columbia Training Tax Credit (Employers) T1014-1

Complete this form to calculate your British Columbia training tax credit for employers. If you are completing a return for a corporation, use T2 Schedule 428, British Columbia Training Tax Credit.

For 2013 and later tax years, shipbuilding and ship repair industry employers who claim the British Columbia shipbuilding and ship repair industry tax credit on Form T1014-2, cannot claim the British Columbia training tax credit.

You can claim this credit if you were a resident of British Columbia at the end of the year and you met both of the following conditions:

  • You carried on a business in British Columbia at any time in the year.
  • You employed a person who was registered in an eligible program administered through SkilledTradesBC at any time in the year.

Eligible programs and completion requirements are defined by Regulation. For more information, go to www2.gov.bc.ca/gov/content/taxes/income-taxes/corporate/credits/training, or call 1-877-387-3332.

There are three elements to the training tax credit:

  • Basic tax credits for an eligible recognized program (non-Red Seal) (use Part 2 of the worksheet)
  • Completion tax credits for an eligible training program (Red Seal and non-Red Seal) (see Part 3 of the worksheet)
  • Enhanced tax credits for First Nations individuals and persons with disabilities (see Part 4 of the worksheet)

Salary and wages for the purpose of calculating your credits are the salary and wages paid or payable to an employee enrolled in an eligible program, minus any related government or non-government assistance received or receivable. Salary and wages do not include profits, bonuses, employee benefits or stock options. For the purpose of calculating the credits, government assistance does not include the federal apprenticeship job creation tax credit claimed for this employee.

Notes:
For the completion tax credit, the salary and wages can be applied twice for overlapping periods when more than one level were completed within the same year.
For example, an employee hired on April 1, 2022, had completed level 3 on May 31, 2023, and level 4 on November 30, 2023. The employer can claim the salary and wages paid from June 1, 2022, to May 31, 2023, for the level 3 credit and claim those paid from December 1, 2022, to November 30, 2023, for the level 4 credit. The salary and wages paid from December 1, 2022, to May 31, 2023, are included for both level 3 and level 4 credits.

If two or more employers, who are not dealing with each other at arm's length, are claiming this credit, the total of all amounts claimed cannot be more than the maximum amount that would be claimed if only one employer were making the claim.

Complete the worksheet on the next page. If you have more than one employee enrolled in an eligible program, complete a separate worksheet for each employee.

If you are filing online, keep all your documents in case we ask to see them at a later date. If you are filing a paper return, attach this form and the worksheets.

Tax year   2023 
British Columbia training tax credit
           
Enter the total credits calculated from line 3 in Part 2 from all worksheets Basic tax credit  63470 • 1 
Enter the total credits calculated from line 10 in Part 3 from all worksheets Completion tax credit  63480 + • 2 
Enter the total credits calculated from line 19 in Part 4 from all worksheets Enhanced tax credit  63490 + • 3 
Add lines 1 to 3.
Enterthis amount on line 60560 of your Form BC479, British Columbia Credits.		 =  4 
 
  Certification
         
 
  I certify that the information given on this form is correct and complete.
 
  Signature  
 
 
  Date (YYYY|MM|DD) 
 
   Freedom of Information and Protection of Privacy Act (FOIPPA)
The personal information on this form is collected for the purpose of administering the Income Tax Act (British Columbia) under the authority of both this Act and Section 26 of the FOIPPA. Questions about the collection or use of this information can be directed to the Manager, Intergovernmental Relations, P.O. Box 9432, Stn Prov Govt, Victoria BC V8W 9N6. (Telephone: Victoria at 250-387-3332 or toll-free at 1-877-387-3332 and ask to be redirected).
E-mail: ITBTaxQuestions@gov.bc.ca