PIC Scheme Singapore - Alpha Web - professional and reliable website design company in Singapore
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Reliable Web Design Company

PIC Scheme

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Productivity and Innovation Credit or PIC scheme was introduced in 2010 by the Singapore government.

 

Under the PIC Scheme, businesses enjoy 400% tax deductions/allowances for qualifying expenditure incurred in any of the Six Qualifying Activities from the Years of Assessment (YAs) 2011 to 2018. For YA 2013 to 31 Jul 2016, eligible businesses can also exercise an irrevocable option to convert qualifying expenditure of up to $100,000 for each YA into cash, at a conversion rate of 60%. For qualifying expenditure incurred on or after 1 Aug 2016, the cash payout conversion rate will be reduced from 60% to 40%. The PIC scheme will lapse after YA 2018.

 

Any expenditure incurred in the basis period for YA 2019 will not qualify for cash payout.

 

Please refer to IRAS website for details and qualifying conditions on Productivity and Innovation Credit (PIC) scheme and PIC+ Scheme.

Why Choose Alpha Web?

01 –
Honest Pricing

We believe in honest pricing and our websites are affordable. You will know exactly how much the work will cost before we start the job. You won’t have any surprises or hidden charges

02 –
Track Record

We have a proven track record in helping businesses creating reliable websites that use responsive design, content management and onsite SEO

03 –
Customer Service

A customer is for life. We understand the importance of good customer service. Our promise to you is that we will always respond to your requests with quick response times

04 –
Mobile-Friendly

We create websites with responsive design so that your site is optimized for all devices – regardless if they view it from a computer, tablet, or smartphone. we do not charge extra to make your website mobile friendly.

05 –
User-Friendly

We design around your user’s needs. Building an attractive website isn’t enough to get visitors to your website. It has to be user-friendly and easy for customers to find the information they need quickly and easily.

06 –
SEO-Optimized

Our websites are search engine optimized (on-page SEO). We create xml site map and submit your site to search engines.