PIC Information Technology (IT) and Automation Equipment List

2 July 2014

This is a summary of the updates made this year by the IRAS to the list of IT and automation equipment qualifying for enhanced deduction/allowances under the Productivity and Innovation Credit (“PIC”) scheme.

The following equipment have been added to the PIC Information Technology (IT) and Automation Equipment List:

  1. Website
  2. Automated cover system for open-top containers
  3. The following landscaping equipment:
    • Ride-on mower
    • Ride-on aerator
    • Utility loader
    • Sod cutter
    • Hedge pruner feature (may be mounted on vehicles e.g. lorries)
    • Stump grinder/ Stump cutter
    • Wood chipper
    • Hydromulcher / Hydroseeder
    • Sprayer/ Spreader equipment
    • Earth auger/ Soil auger/ Mechanised post hole digger
    • Trencher
    • Air spade
    • Edger/ Lawn edger/ Stick edger
    • Dethatcher / Lawn scarifier
    • Mechanised lawn sweeper
    • Mechanised leaf shredder
    • Reversible plate compactor
    • Potting machine
    • Soil mixer
    • Electric hedge trimmer
    • Electric string trimmer
  4. Bi-directional Mass Flow Metering system (“MFM”) installed on bunker tankers, approved for use by MPA

The expenditure incurred on items 1 to 3 above will qualify for PIC from YA 2014. The expenditure incurred on item 4 will qualify for PIC from YA 2015.

Source: Inland Revenue Authority of Singapore