MYOB Accounting Software Solutions

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…………one-stop accounting solution provider……

01

Business Solutions


17-Sep-20

 

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Productivity Solutions Grant (PSG)

Eligible SMEs will need to engage pre-qualified Solution Providers when applying for PSG funding for pre-qualified supportable solutions, We are pleased to announced that 01 BUSINESS SOLUTIONS PTE LTD is a Pre-Qualified Solution Vendor  for

Accounting Management and Sales Management System

ό  ABSS Premier (f.k.a. MYOB Premier) 1-User Licence Implementation Packaged Solution

ό  ABSS Premier (f.k.a. MYOB Premier) 3-Users Licence Implementation Packaged Solution

ό  ABSS Premier (f.k.a. MYOB Premier) 1-User Licence Software Package

ό  ABSS Premier (f.k.a. MYOB Premier) 3-Users Licence Software Package

ό  ABSS Premier (f.k.a. MYOB Premier) 1-User Licence Implementation Packaged Solution with Remote Access

Call us at 6220 3306 to find out how we can help your organization.

 

 

SME Grants and Tax Incentives

 

 

Grants for SME

The Singapore Government offers grants and tax incentives to help local SME start and grow their business. Grants are financial funding that does not need to be repaid. Many grants are projects or industries specific to help SME improve business processes. These grants require SME to go through an application process. And they often have specific compliance and reporting requirements. Some of the grants mentioned below had been discontinued.

 

 Productivity Solutions Grant (PSG)

……..Grant to improve business efficiency and productivity through adoption of pre-scoped IT solutions by pre-approved solution vendor.

                        

Innovation & Capability Voucher (ICV)

……..Grant to improve business efficiency and productivity through consultancy projects or simple productivity solutions.

                        

iSPRINT (Increase SME Productivity With Infocomm Adoption & Transformation)

……..Get a grant to defray costs of your infocomm project to improve or innovate your business operations.

 

Productivity And Innovation Credit (PIC)

……..Get significant tax deductions or payouts for your investments in research & development, innovation, automation and training.

 

Productivity and Innovation Credit+ (PIC+) Scheme

……..Investing beyond the expenditure cap for PIC? Claim enhanced tax deduction with PIC+ scheme.

 

PIC Bonus

……..PIC Bonus gives businesses a dollar-for-dollar matching cash bonus for your investments in research & development, innovation, automation and training on top of the existing tax deductions or payouts under the PIC scheme.

 

 

Tax Incentives for Start-Ups

New companies can receive an exemption, reduction, or deduction in taxes that you have to pay by applying for the tax incentive schemes provided by the Government. Tax incentives are useful in preserving profits and cash flow, which are critical in the start-up stages of your business.

 

Tax Exemption for Start-ups

……..New companies that meet certain qualifying conditions do not need to pay tax on the first S$100,000 of chargeable income (excluding Singapore franked dividends) for any of the first 3 years of tax assessment from Year of Assessment 2005.

With effect from YA 2020 onwards, qualifying companies will be given the following tax exemption for the first three consecutive years of tax assessment: 75% exemption on the first $100,000 of normal chargeable income*; and a further 50% exemption on the next $100,000 of normal chargeable income*.

*Normal chargeable income refers to income to be taxed at the prevailing corporate tax rate.

 

 

How to apply?

You may contact us at Tel: 6220 3306 to find out more.

 


Pre-approved solution vendor
for
Productivity Solutions Grant (PSG)

Local SMEs can get up to

80% Funding

 for purchase of
ABSS Premier software package

 


*Call
6220 3306
for
BEST DEAL
on ABSS Software
(formerly known as

MYOB Software)!

 

 

 

 

 

All logos featured are trademarks of their respective owners.

 


 

 

Hotline:  6220 3306

email: myob@gstassist.sg

website: myob.gstassist.sg

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Source: http://www.enterpriseone.gov.sg/Business%20Stages/Start/Funding%20Your%20Business/Government%20Assistance.aspx

Disclaimer: The information contained within this website is provided purely for general informational purposes only. We cannot accept any responsibility or liability, legal or otherwise for any errors or omissions,

and we reserve the right to make any changes without notice.  All company logos featured are trademarks of their respective owners.