Transcription of PIC Information Technology (IT) and Automation …
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PIC Information Technology (IT) and Automation …
1 of 7 PIC Information Technology (IT) and Automation equipment List (Updated as at 23 Feb 2015) The list of IT and Automation equipment qualifying for enhanced deduction/allowances under the Productivity and Innovation Credit ( PIC ) scheme can be found in the Income Tax (PIC Automation equipment ) Rules 2012, and are listed in the table below. This will be effective from the Year of Assessment 2011. The list of prescribed PIC IT and Automation equipment is expanded to allow more equipment to qualify for PIC automatically. Please refer to the table below for the updated list. The phrasing of these changes may be modified when legislative amendments are made to the subsidiary legislation Income Tax (PIC Automation equipment ) Rules 2012.
1 of 7 PIC Information Technology (IT) and Automation Equipment List (Updated as at 23 Feb 2015) The list of IT and automation equipment qualifying for enhanced deduction/allowances under the
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