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I. PIC (Productivity Innovation Credit) Cash Back 160% wow!!For implementing our products, Singapore IRAS (Inland Revenue Authority of Singapore) gives back dollar-for-dollar matching as PIC Bonus cash + 60% cash back (non taxable). Example: If your company spend $10,000 on our system then you will get back $16,000 cash back as below.
The cash payout will be made by IRAS within 3 months from the date of receipt of original PIC application form & supporting documents. Eligibility: All Singapore registered companies are eligible for PIC Scheme.
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II.
IDA Grant from iSPRINT: If your company already reached the PIC claim limit then, still you can get 70% cash back from IDA under iSPRINT scheme. 1. What is IDA Grant? Singapore IDA (Info-com Development Authority) offers 70% grant for implementing Biometric System, Time Attendance & Payroll software. From last Year onwards, we have helped more than 200 companies to get IDA grant. 2. What is the eligibility criteria for IDA Grant?
3. How much is the Grant? 70% of the cost capped at $20,000. 4. How do I apply? IDA pre-qualifies our packaged solutions under IDA iSPRINT scheme. So Our friendly staff can assist on all the application submission & claim process for your company. 5. How long will it take to get back my money? Usually within 4-6 weeks from the date of implementation, subject to the full submission of completed claim forms and required supporting documents.
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Info-Tech Systems Integrators Pte Ltd 30 Kallang Place #07/20/21 Singapore 339159. |
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| Payroll Singapore | IRAS Productivity Innovation Credit
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