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PIC Bonus

As announced in Budget 2013, for Years of Assessment (YAs) 2013 to 2015, businesses that invest in qualifying activities under the Productivity and Innovation Credit (PIC) scheme will receive a PIC Bonus. About PIC Bonus The PIC Bonus gives businesses a dollar-for-dollar matching cash bonus for YAs 2013 to 2015, subject to an overall cap [...]

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Productivity and Innovations Credit – PIC

About Productivity and Innovation Credit The Productivity and Innovation Credit (“PIC”) was introduced in the Singapore Budget 2010. PIC has been enhanced in Budget 2011 and Budget 2012 to provide tax benefits for investments by businesses in a broad range of activities along the innovation value chain. The tax benefits under PIC will be effective [...]

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Flexi-Works! is an initiative by the Singapore Workforce Development Agency (WDA), in partnership with the National Trade Union Congress (NTUC) and Singapore National Employers Federation (SNEF) to help companies hire new workers on part-time or flexible work arrangements. Flexible work arrangements include part-time working, staggered hours, flexi-time, job-sharing, telecommuting, and alternative work schedules. Flexi-Works! offers [...]

Work Life|Comments Off

Work-Life Works! (WoW!) Fund

The Work-Life Works! (WoW!) Fund is a one-time grant given to businesses to encourage employers to introduce Work-Life strategies at the workplace. The WoW! Fund helps to defray costs incurred by organisations while introducing Work-Life measures. An approved project can be funded up to 80% of costs subject to a maximum of $20,000. All organisations [...]

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Over-the-counter-capital (OTC Capital)

OTC Capital provides Singapore-based unlisted companies up to $5 million through the sale of shares to acquire funding from private investors such as individual investors, venture capitalists and private companies. Criteria To sell shares on OTC Capital, your company should have high growth potential, a strong management team, committed strategic investors and market capitalisation below [...]

Financing Schemes|Comments Off

Supplementary Retirement Scheme (SRS)

The Supplementary Retirement Scheme (SRS) was established on 1st April 2001 to encourage individuals to save more by means of voluntary contributions for housing, medical needs and for basic living needs after the retirement by offering tax benefits. All Singaporeans, Singapore Permanent Residents (PRs) and foreigners who are at least 21 years old, not undischarged [...]

Personal Finance|Comments Off

Should I have an Internet Presence?

I WANT TO SETUP A 24 HR BRANCH OFFICE Many people see the internet as an advertisement tool. However for a business, a website can be considered as a “branch office” that operates 24 Hours a day, 7 days a week. This is because it has all the facilities that an office has to explain [...]

E-Marketing|Comments Off

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Promoting Your Website via Email

With the increase in Junk Mail, many people have grown fearful in checking their mailbox. You will at least have to spend 5 minutes each day in work deleting all your junk mail. A more effective way of emarketing is to use a less intrusive way of getting your recipients attention. Sometimes, the most effective [...]

E-Marketing|Comments Off

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WEB Marketing: How to Promote Your Web Site

Just because you have an online web site does not mean that marketing will be automatically done for you. In most cases, traditional methods of marketing are still required. However, the difference is in the cost and effective runtime. In most cases, the cost is negligible and the runtime, tremendous. We will look at the [...]

E-Marketing|Comments Off

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Technology Innovation Programme (TIP)

The Technology Innovation Programme (TIP) provides technology consultancy services, expert help and funding support for local SMEs through the following means : identifying the right technology platforms finding experts who will work with you on research and development projects and acquiring the information, advice and partners you need to make the best possible use of technology [...]

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