IRAS PIC Scheme Cessation Impact 2026 Calculator
The Productivity & Innovation Credit (PIC) scheme ceased. Calculate which deductions are still available to SMEs post-PIC (source: iras.gov.sg).
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| Applied rate | — |
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| Net after | — |
What Is Post-PIC deductions?
The Productivity & Innovation Credit (PIC) scheme ceased. Calculate which deductions are still available to SMEs post-PIC (source: iras.gov.sg). This calculator gives an indicative result based on the headline rate. The actual outcome may vary depending on your specific circumstances, applicable deductions, and any concession schemes. Source: IRAS Section 19/19A.
How to Use This Calculator
Enter the primary amount and the applicable rate. The tool computes the proportional tax, benefit, or deduction and the residual amount. For complex multi-band situations, consult the source jurisdiction's official calculator. Last updated: May 2026.
Why This Number Matters
Hong Kong and Singapore both run lean tax systems but have specific schemes (like Post-PIC deductions) that materially affect take-home and effective tax rate. Missing these means leaving real money on the table — often the difference between an average and an optimized tax filing.
Source and Disclaimer
Figures sourced from IRAS Section 19/19A as of May 2026. This is an educational calculator and not legal or tax advice — for advisory work, consult a registered tax practitioner. Last updated: May 2026.
Source: IRAS Section 19/19A