Wide-ranging wishes from PwC for Budget '14
Tweaks to Productivity and Innovation Credit scheme, structural tax changes sought
Singapore
FROM personal tax relief for home-office expenses to further tweaks to the Productivity and Innovation Credit (PIC) scheme - the items on PricewaterhouseCoopers' (PwC) annual wish list for the upcoming Budget are wide-ranging.
In its seven-page laundry list released yesterday, the professional services firm again called for greater flexibility when applying the PIC expenditure cap - either impose one cap for all six activities or separate higher caps for activities more commonly undertaken.
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