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You are here: Home / Infographics / Singapore Productivity and Innovation Credit (PIC) Scheme

Singapore Productivity and Innovation Credit (PIC) Scheme

September 16, 2015 IN Infographics

AnnouncementInformation below is for reference only. Kindly note that PIC Scheme has expired as at YA 2018.

The Singapore Productivity and Innovation Credit or PIC Scheme encourages businesses to get significant tax deductions or payouts for investments in research and development, innovation, automation and training. Business entities registered in Singapore can enjoy a 400% tax deductions/ allowances and/or 40% cash payouts for investment in innovation and productivity improvements in any of the six qualifying activities.

Read More ยป Alternatives to PIC

Learn more about PIC in the infographic below:

pic scheme singapore productivity and innovation credit scheme infographic


Need help with your PIC claims?

You may also call us at +65 6850 5280 for a free consultation.Contact Us

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