PIC Bonus

You can take advantage of the PIC bonus introduced by the Singapore Budget 2013.

This means that you can implement the Kingdee solutions onto your business and train your employees to use them at a fraction of the cost!

The PIC scheme allows your business to enjoy up to 400% of tax deductions/allowances and/or 60% cash payout when you invest in innovative and productivity improvements to your business, such as our Kingdee solutions. You can benefit from this scheme during the Years of Assessment 2011 to 2015.

On top of this, the Singapore Budget 2013 also announced an additional PIC bonus, allowing us to help you enhance the productivity of your business without the hefty costs!

About the PIC Bonus

The PIC (Productivity and Innovation Credit) bonus gives you a dollar-for-dollar matching cash bonus, up to a maximum of $15,000 over 3 years.

This bonus is on top of the existing 400% tax deductions/allowances or 60% cash payout under the PIC scheme.

More details of the PIC bonus can be found at the IRAS website here.

Call us to find out more about how you can benefit from the PIC scheme and our Kingdee solutions!