WebThe most common deductions that apply to students are: child care expenses. moving expenses. The most common non-refundable tax credits that apply to students are: Canada employment amount. interest paid on student loans. tuition, education, and textbook amounts. Some of common refundable tax credits are: Canada training credit. WebThe T2 return and applicable schedules would include the following Ontario corporation taxes: corporate income tax, including refundable tax credits, corporate minimum tax …

Education Tax Credits and Deductions You Can Claim for 2024

WebThe Cooperative Education Tax Credit (CETC) is an Ontario tax credit that is available to employers of students from many co-op and internship programs. The credit can total as … WebThe Co-operative Education Tax Credit (CETC) is a refundable tax credit available to employers who hire students enrolled in a qualifying co-operative education program at … desert hiking trails near me

Funding Resources Co-operative Education & Workplace …

http://omaf.gov.on.ca/english/food/industry/co-op-Ed-tax-credit.htm WebFor Ontario employers who are willing to help students gain valuable work experience, the Government of Ontario provides the Ontario Co-operative Education Tax Credit. To be eligible an employer must be an Ontario-based business that hires student(s) enrolled in a post-secondary co-operative education program at an Ontario college or university. WebCo-operative Education Tax Credit. The Co-operative Education Tax Credit is a refundable tax credit. It is available to employers who hire students enrolled in a co-operative education program at an Ontario university or college. The tax credit is based on salaries and wages paid to a student in a co-operative education work placement. chts im certification