PIC Bonus Scheme: The productivity booster for small and medium business

Posted in Business in Singapore, Investment Scams, Singapore Business Registration, Singapore Incorporation, Taxation by Aurora on June 1st, 2013

Last updated on November 15th, 2017 at 04:01 pmPIC was first introduced in Budget 2010 and enhanced in Budgets 2011, 2012 and 2013. The new PIC Bonus scheme introduced in Budget 2013 gives businesses that spend at least S$5,000 per year in qualifying activities a dollar-for-dollar matching cash bonus, capped at S$15,000 (over the three years from …

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