ALL ABOUT THE APPRENTICESHIP TAX AND ITS BENEFITS. Regardless of the status of the company, it is subject to the apprenticeship tax. This tax is a means of promoting the deployment of technological and professional training and apprenticeships. The job market is constantly changing and the demands of the market are becoming more and more intense. Therefore, it is essential to ensure the growth of these training courses to meet the needs of recruiting companies. Let’s discover the importance of this tax, but also how it works.
Improving the apprenticeship system
The payment of the apprenticeship tax makes it possible considerably to support educational establishments in the development of useful educational training. This allows the beneficiaries of the training to learn and build their professional future. The payment received will therefore contribute to investing in training materials, but also in the deployment of training programs. This tax is also a way to optimize the learning system at school and in business at the same time, for many years. This is why it is important to give meaning to the apprenticeship tax.
The operating principle of the apprenticeship tax
The apprenticeship tax is first set at a rate of 0.68%. In Alsace-Moselle the rate is 0.44%. It is the organizations collecting the apprenticeship tax or OCTA which will collect the tax on March 1st.
This tax will then be dispatched to the level of the regional council, to the apprentice training center (CFA) and to the expenses of full-time training that does not require any apprenticeship. Of course, the employer can decide on the payment institution of his choice for the non-apprenticeship part and for the CFA part.
Application of the apprenticeship tax
The apprenticeship tax concerns all companies subject to income and company taxes. This refers to entities with a minimum employee. Companies with more than 250 employees must, in addition to the apprenticeship tax, pay the CSA or Supplementary Contribution to Apprenticeship.
The companies that can be exempted from this apprenticeship tax are those whose activity is teaching, or which do not practice any commercial activity (civil companies of means). This is also intended for companies with an annual tax base of less than 6 times the minimum wage. Finally, groups of employers working in agriculture are also exempt from this tax.
Through this tax are deducted expenses related to training programs, subsidies for equipment for CFAs and work-study loans for large companies.
The expected benefits of the apprenticeship tax for the employer
As an employer, the apprenticeship tax allows you to extend your network and strengthen your links with an establishment. This will also allow it to better target potential interns and employees. It is also a good way to promote the outsourcing of the company’s R&D by entrusting projects or activities to people who have taken training related to the latest innovative professions.
In addition, this contribution further promotes the sharing and transmission of expertise. It is also a way to be able to conduct enriching exchanges with faculty and researchers. The employer will be able to contribute to the integration of young people into the professional environment. It can also help young people in the development of their study memory.