New Tax Credits Benefit Businesses Who Educate Workers

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Employers can earn up to $100,000 in tax credits with new state program

Georgia employers can now take advantage of new tax credits when they support employees’ successful completion of a General Educational Development (GED®) test. The Technical College System of Georgia (TCSG) will work with businesses in the state to promote the participation and success of employee GED® attainment.   

“Nearly 18 percent of Georgia’s adult population has less than a high school education,” said Commissioner Gretchen Corbin. “Thanks to this unique opportunity passed by the Georgia General Assembly, we are one step closer to fulfilling Gov. Deal’s goal of full literacy in Georgia, while preparing Georgia businesses to compete in a global economy.”

Employers can take advantage of the tax credit in either of two ways. An employer can earn a tax credit of $1,200 per employee if that worker is compensated, at his/her normal rate of pay, for completing a 40-hour class and passing the GED® Test. The class must be a Basic Skills Education class approved by the Technical College System of Georgia, and can either be part of an existing program or a unique program established by the employer. In both cases, a minimum of 40 hours of instruction is required. 

A second option would award a $400 tax credit to an employer when a worker takes and passes a GED® Test paid for by that employer.

An employee can be included in only one of the tax credit categories, not both. An employer can earn tax credits of up to $100,000 per year for supporting employees in their achievement of a GED®.

​"This is a great opportunity for every employee in Georgia to acquire the necessary skills to be successful in their respective workplaces," said Dale Aldridge, Executive Director for Adult Education Southern Regional Technical College (SRTC).  "We look forward to partnering with our local businesses in this exciting new program."

SRTC’s Office of Adult Education can assist employers by answering questions about class types and other class considerations, as well as estimating tax credit benefits. More information is available at (229) 225-5292.

SRTC offers over 155 degree, diploma, and certificate programs that are designed to get you quickly into your desired career, and 27 general education courses that transfer to the University System of Georgia institutions and 19 private colleges and universities in Georgia. SRTC has instructional sites located in Ashburn, Cairo, Camilla, Moultrie, Thomasville, Tifton, and Sylvester for the convenience of our students. The College is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). SACSCOC is the regional body for the accreditation of degree-granting higher education institutions in the Southern states. For the most up-to-date information on registration, class dates, and program offerings, log on to www.southernregional.edu.

Spring semester 2016 begins January 5th. Don’t wait, enroll today!