Apprenticeship tax credit of €1,600 per apprentice (€2,200 for a disabled or supported apprentice)

Article 31 of the social cohesion programming Act creates Article 244 quater G of the General Tax Code. Businesses taxed on actual profits receive a tax credit equal to €1,600 multiplied by the annual average number of apprentices whose contract has run for at least six months, raised to €2,200 for an apprentice recognised as disabled or receiving personalised support. The credit is capped at the staff costs of the apprentices minus public subsidies. Article 152 applies it to financial years ending on or after 31 December 2004.