6737 6250

PIC Grant

PC Setup

Businesses in Singapore can now enjoy up to 400% tax deductions, plus 60% cash payout for investing in productivity and innovation activities. Procurement or rental of PIC IT and Automation Equipment is one of the Qualifying PIC Investments.

Benefits of PIC Grant:

Tick 400% Tax Deduction
For YA 2011 until 2015, businesses in Singapore can now enjoy up to 400% tax deduction, 4x more compared to the 100% tax deduction stipulated in the existing tax rules.

Tick Cash Payout Option
Companies can opt to convert a total of $100,000 of their total expenditure in the 6 qualifying Singapore budget 2013 PIC grant activities into cash payout.

Businesses that can opt for cash payout are proprietorships, partnerships, and companies that have: active business operations, have incurred qualifying expenditure, and have at least three local employees. These employees must have Singaporean citizenship or PRs with CPF contributions on their payrolls.

Need Help With Your IT Infrastructure?

Contact Us Now and Get up to 60% Off With Singapore’s PIC Grant 2013!

Call Now: 6737 6250