Productivity and Innovation Credit (“PIC”) scheme

As the Productivity and Innovation Credit (PIC) scheme has expired after the Year of Assessment (YA) 2018, businesses will not be allowed to claim PIC benefits on expenditure incurred after the basis period of YA 2018.

https://www.iras.gov.sg/irashome/uploadedFiles/IRASHome/Quick_Links/PIC%20Automation%20Equipment%20List%20(as%20at%20270911).pdf