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Productivity and Innovation Credit Scheme (PIC)
Credit Scheme of Productivity and Innovation (PIC)
Do you know that when you buy laptop for business purpose, this expenditure is qualified for PIC allowance?
Do you know the training course that your staff is attending is qualified for PIC allowance?
Let’s tap on government incentives on Productivity and Innovation Credit Scheme, supported by Inland Revenue Authority of Singapore (IRAS). You can either save the tax payable or cash payout or even defer the tax.
We can assist you on application for the Productivity & Innovation Credit (PIC) involves activities on automation equipment, employees’ training, intellectual property rights, patents & trademark registration, research & development and investment in approved design project.
Contact us now to check which of your expenditures is qualified for the PIC, and seek our analysis to check which tax option is the most cost saving to you.
