by Premier Tim Houston has announced a new program he says will help attract and retain young skilled workers in the province.
The More Opportunity for Skilled Trades (MOST) program will return the provincial income tax paid on the first $50,000 of income earned.
Tradespeople under 30 will be able to get the refund if they’re employed and registered as apprentices or certified as journeypersons in eligible skilled trades and occupations.
The first eligible trades under the program are in the construction, industrial/manufacturing, motive power and service sectors.
A full list of the eligible skilled trades is available here: https://novascotia.ca/budget/d
The program will be in effect for the 2022 income tax year and eligible workers will qualify for their refund next year after they file their income tax return and get a notice of assessment.
The Premier’s Office says more information about the refund process will be available in the coming months.