Funding Support

Digital Transformation for Accountancy [DTACT] Programme:

CATEGORIES	Pre-approved digital solutions
Practice Management	CCH iFIRM SmartCursors Tessaract.io
Tax	CCH Prosystem Fx Engagement Singtax Corporate Singtax Personal
Internal Audit	TeamMate TeamMate +Audit TeamMate Analytics

Funding Support

• Duration of funding: 1 Year
• For applications between 1 June 2020 and 31 December 2020, the support level has been enhanced to 80%, capped at 30,000 SGD per year per firm

Eligibility

• Registered and operating in Singapore
• Provide accounting services
• Have a minimum of 30% local shareholding
• Company’s Group annual sales turnover of not more than 100 million SGD, or Company’s Group employment of not more than 200 employees
• Purchase/subscription of solutions must be used in Singapore

Application Period

• Previously till 30th September 2020, it is now extended to 31 December 2020 to support more SMPs in their digitalisation journey.
• It is encouraged to submit new DTACT applications to SAC by 21 Dec 2020 to allow sufficient time for processing.
• All DTACT projects approved in December 2020 must commence by 1 Jan 2021 and be completed by 31 Dec 2021.

Productivity Solutions Grant (PSG):

CATEGORIES	Pre-approved digital solutions
Cloud Accounting	DashBod (Previously known as SMECEN)
Document Management	Dropbox Business
Know your Customers / Anti-Money Laundering Screening	SentroWeb Artemis

For details of Funding Support:

• https://govassist.gobusiness.gov.sg/productivity-solutions-grant/#supportable-solutions