Georgia Retraining Tax Credit

Retraining tax credits enable Georgia businesses to offset their investment in employees. Whether retraining workers to use new equipment or new technology or upgrading the company’s competitiveness with ISO 9000 training, companies can afford more training, more often, thanks to Georgia’s tax credit program.

Any business that files a Georgia income tax return is eligible for the retraining tax credit. To qualify, training programs must be designed to enhance quality and productivity or teach certain software technologies. To qualify for the credit, retraining expenses must be approved by the Technical College System of Georgia.

Program Overview

Credit Types

• Income Tax (up to 50% of liability)

Credit Amount

• 50% of training expenses
• $500 per person per program, up to $1,250 per employee

Eligible Expenses

• Instructor salaries
• Employee wages during retraining
• Reasonable travel expenses
• Development of retraining
• Materials and supplies, textbooks and manuals
• Instructional media
• Equipment used in retraining

Eligible Retraining Programs

• New Equipment
• New Technology
• Quality – TQM, ISO 9000

Eligible Retraining Sources

• Company Trainers
• Training Vendors
• Technical Colleges or Universities

Requirements

• Georgia residents
• First-line employees or immediate supervisor
• Continuously employed for a minimum of 16 weeks
• Full-time employees only

Duration

• Unused credit can be carried forward for 10 years