By AscentiaTax Services Pte Ltd
This book on the Productivity and Innovation Credit Scheme provides an overview of the scheme, analyses the individual categories of investment provided under the scheme and discusses the varying practical challenges faced by accountants, first-level financial decision makers, consultants and compliance officers.
It reveals the dynamic nature of the subject matter, recent developments, regulations as well as guidelines. In addition, the authors attempt to clarify and correct in easy-to-understand lingo the common misconceptions which business owners, amongst others, perceive. Through analysis of real life case scenarios and worked examples, even the general business reader who has taken a liking to this topic would find this book to be useful in gaining a deeper understanding of the scheme.
2. Cash Payout: Tricks or Tips
3. Blatant Cheats
4. The Role of Accounting: Hire Purchase verus Leasing
5. Using PIC for Equipment Overseas
6. Training or Consultancy
7. Crafting In-House Training
8. Research & Development
9. Intellectual Property Rights