Retraining Tax Credit
Georgia’s Retraining Tax Credit
Georgia businesses may offset their investment in retraining employees to use new equipment or learn new skills through a retraining tax credit. Businesses can receive a tax credit of 50 percent of their direct training expenses, with up to $500 credit per full-time employee, per training program. The annual maximum of the credit amounts to $1,250 per employee. Visit Georgia.org’s site for additional details.
For more information on how this tax credit can work for you, contact Kim J. David, VP, Economic Development at OFTC, 478-240-5157 or firstname.lastname@example.org.
For approval of Retraining Tax Credit Applications, please contact:
Ann Sechrist, Director, Retraining Tax Credits
Technical College System of Georgia
c/o Gwinnett Technical College
5150 Sugarloaf Parkway
Lawrenceville, GA 30043-5702
Phone: 678-226-6305 | Email: email@example.com
Georgia Tax Credit for Adult Basic Education
The Georgia Legislature has developed incentives under OCGA § 48-7-41 to benefit employers who support their employees in acquiring the skills needed to pass the GED® Test. There are two levels of tax credit, $400 and $1,200.
For more information about Adult Education services at OFTC, contact OFTC’s Adult Education office at (478) 553-2079.