SME Train, Gain & Grow Programme
Make the best out of the 2014 Government Budget
Train your staff, Gain rebates, Grow your business!
Investing in Innovation and Productivity has become a
must to achieve success in today’s dynamic business world.
Send your employees for training and you can gain incentives under the Productivity and Innovation Credit (PIC)
Scheme:
Cash payouts up to $60,000, or
Tax deduction up to 400%, and
Further Cash bonus up to $15,000! *
Most importantly, you equip your employees with futureready skills and knowledge to bring Innovation, Positive
Change and Productivity Growth to your company!
* PIC Bonus: For 3 years combined YA2013-2015.
HOW DOES THIS WORK?
For e.g., total 3 days of training workshops that cost $10,000
Option 1: 60% Cash Payout
Option 2: 400% Tax Deduction
Cash Payout: $6,000 (PIC)
Tax Deduction: $40,000 (PIC)
+
(Submit PIC Cash Payout Application Form)
OR
+
(Claim in Income Tax Return)
$10,000 (PIC Bonus)
$10,000 (PIC Bonus)
You receive $16,000 cash!
You receive $10,000 cash plus
$40,000 in tax deduction!
PIC Bonus is ONLY available till End 2014!** Hurry, don’t miss it!
GOVERNMENT GRANTS
** Year of Assessment 2015
Productivity and Innovation Credit (PIC) are available for sole-proprietor, partnership or company which have at least 3 CPF
contributions during the last quarter of claim and active business operations in Singapore. PIC Bonus gives business a dollar-for-
dollar matching cash bonus for YAs 2013 to 2015, capped at $15,000 for 3 Years of Assessment combined.
SMEs can also apply for Innovation & Capability Vouchers (ICV) with each valued at $5,000 and use up to 2 vouchers
($10,000) for training purposes under "Professional services".
For details, please refer to http://www.iras.gov.sg/irashome/picredit.aspx (for PIC and PIC Bonus) and
http://www.spring.gov.sg/Enterprise/ICV/Pages/innovation-capability-voucher.aspx (for ICV). The information provided is for illustration purposes and Thinking Trends and its affiliates are not responsible for their accuracy.
Copyright © 2014 by Thinking Trends Pte. Ltd.
Selected Programmes
Innovate with
Design Thinking
(All staff - 1 day)
Leading and
Managing Change
(All staff - 2 days)
Creating Success with
Creative Thinking and
Problem Solving
(All staff - 1 day)
Achieving Managerial
Excellence
(Managerial – 2 days)
Building Relationships and
Resolving Conflicts during
Change
(All staff – 2 days)
Innovative Managers
Programme
(All staff – 2 days)
WORKSHOP PACKAGES
EQUIP 1
EQUIP 2
EMPOWER 1
EMPOWER 2
Get into the F.L.O.W.:
Enhancing Personal Productivity
(All staff – 2 days)
Influence: Building Incredible
Relationships and Results
(All staff - 1 day)
Energise Self & Empower Teams
with Emotional Intelligence
(All staff - 2 days)
COMPANY WORKSHOP PACKAGES
WORKSHOP FEE
WHAT'S INCLUDED?
(you spend)
1-day workshop
$3,500
2-day workshop
$6,800
1-day workshop + 2-day workshop
$9,900
2-day workshop + 2-day workshop
$12,8003
PIC Cash-back1
(you get back)
$2,1002
$10,880
$15,840
$16,000
1. PIC + PIC Bonus, based on Cash Payback option
2. Only PIC (not PIC Bonus) is given as qualifying PIC expenditure is less than $5,000
3. Expenditure for Non-WDA/ITE approved course for claim capped at $10,000 per YA
Fees include venue at Singapore Productivity Centre, workbook, tea refreshment and certificate of attendance for participants. Max 20 pax.
Customisation of workshop, alternative training venues, additional refreshment could be arranged subject to revised cost.
ABOUT THINKING TRENDS
Thinking Trends is Asia’s premier boutique executive training and consulting platform. As a powerhouse in business optimisation in Asia, we partner with leading businesses and focus on Innovation, Change, and Productivity.
Our team of highly-qualified consultants has conducted and facilitated hundreds of high-impact workshops for companies
and business leaders across Asia Pacific.
Visit us at www.thinkingtrends.com
Call us today at +65-6638-3861
or email us at info@thinkingtrends.com
for FREE CONSULTATION & TRAINING ANALYSIS
Thinking Trends Pte Ltd. 10 Anson Road, #26-04 International Plaza, Singapore 079903
Copyright © 2014 by Thinking Trends Pte. Ltd.