PIC Scheme Lower to 40%


Are you aware that PIC cash payouts lowered to 40% from 1 August 2016?

In Singapore Budget 2016, the government announce that they will lower cash payouts under the blanket Productivity and Innovation Credit (PIC) as it moves towards more targeted measures.

The payout rate will be lowered from the current 60% to 40% for expenditures incurred on or after Aug 1. Meanwhile the 400% tax deduction will remain unchanged.

For those who are shopping around for accounting with/without integration with inventory software, this is the best time to do some serious consideration on the actual purchase.

MadSoft Solutions Pte Ltd has been around for 10 years and is listed in IRAS accounting software approved supplier. This year 2016 is our 10th year and we are celebrating with all our new customers by offering you up to 70% off MadSoft accounting and inventory software.  Limited period only.

MadSoft solutions provide a suite of integrated financial and accounting management applications designed with small and medium enterprise (SME) in mind. Many of our customers are pleased the software is helping in their business operations and the support rendered to them.

Sign up for our FREE Workshop to learn more about MadSoft accounting and inventory software and not forgetting that we are also giving you an exclusive gift.

Click here to register your interest :

Contact us 6296 9919 ext 116/126/136 or email us enquiry@madsoft.com.sg

Visit our website : www.madsoft.com.sg