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Learn about the PIC scheme that offers tax deductions/ allowances and cash payouts for qualifying expenditure incurred by businesses in Singapore from YAs 2011 to 2018. Find out the 6 qualifying activities, the eligibility conditions, the claims process and the FAQs.
How the Productivity & Innovation Credit (PIC) Scheme Benefits You. Share: The PIC scheme has expired after the Year of Assessment (YA) 2018. Businesses are not allowed to claim PIC benefits on expenditure incurred after the basis period of YA 2018. On this page: Tax Deductions/Allowances. Cash Payout. FAQs. Related Content.
A grant scheme for local SMEs to improve productivity and automate processes with IT solutions and equipment. Learn about the eligibility, application, and disbursement process of the grant.
How to Apply for PIC Cash Payout. Share: The PIC scheme has expired after the Year of Assessment (YA) 2018. Businesses are not allowed to claim PIC benefits on expenditure incurred after the basis period of YA 2018. On this page: Applying for PIC Cash Payout. PIC Cash Payout Processing.
Business Grants Portal brings government grants for businesses into one place, so it’s easier to find and apply for the grants you need. Find out more.
The Productivity Solutions Grant (PSG) was launched on April 2018 to help businesses enhance their processes with technology. It provides financial support for business owners to adopt pre-scoped IT solutions, equipment and consultancy services to improve productivity.
Quick tips for Productivity Solutions Grant (PSG) applications. For a smoother PSG application process, here are some commonly asked questions and tips to guide you along.
