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 of $15,000 for all 3 YAs combined.

This is given on top of the existing 400% tax deductions or 60% cash payout under the PIC scheme.

Example for PIC Credit Claims

Say you bought your website, 2 notebooks, 2 PCs, ipad, iphone and printer from us at $10,000 and claim for PIC.

IRAS will pay you $10,000 as PIC bonus and $6,000 as PIC Credit. You received total of $16,000!

PIC Qualifying Conditions

The PIC Bonus helps your business to defray costs such as wages and rentals and encourages you to improve in productivity and innovation.

Businesses eligible for the PIC Bonus are sole-proprietorships, partnerships and companies


Gold Peak Innovations – Total Solutions provider

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Gold Peak Innovations was established by a team of industrial packaging and reproduction specialists. Backed by fifteen years of extensive knowledge and enterprise in packaging and printing solutions, their dedicated team is committed to deliver customers satisfaction and exceed expectations consistently.

Today, Gold Peak has four operating core divisions, Industrial Packaging Solution, Print & Paper […]

GeniusPos Express

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GeniusPOS Express is an in-store POS Software designed and optimized for a small retail business. It offers rich POS functionalities, discounts & promotions, sales reports, centralized in-store management and consolidated sales records.

GeniusPOS Express is an affordable, subscription-based software which enables employee productivity and operational efficiency.

Spectra Electronics & Engineering Pte Ltd


Spectra Electronics & Engineering, an ISO 9001 certified company, was established in Singapore in the year 2002. It provides the highest standard of services for the Electrical and Telecommunication Sector. Their services includes, Installation, Integration, Testing and Commissioning for both Military and Commercial Projects.

Area of expertise include:

Designing, fabrication, manufacturing, of […]

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