Productivity and Innovation Credit (PIC)

SCENARIO The director of Company XYZ purchased a computer in February 2016. He submitted his PIC claim on 01/08/2016. With the recent PIC claim changes announced during the 2016 budget, what is his elgible claim rate? ANSWER The PIC cash payout rate has been reduced from 60% to 40% for qualifying expenses incurred on [...]

By |2017-06-16T13:01:59+00:00August 23rd, 2016|Governments|0 Comments