Funding support for adoption of Practice Management, Tax, and Internal Audit digital solutions

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 til 30th September 2020, it is now extended to 31 December 2020 to support more SMPs in their digitalisation journey.

Funding support for adoption of External Audit Digital Solutions

Funding Support

• Up to 70% grant, capped at 20,000 SGD per year per firm
• Duration of funding: 2 Years
• Grant is eligible for SMPs previously using other audit software

Eligibility

• Registered and operating in Singapore;
• Have a minimum 30% local shareholding
• Company’s Group annual sales turnover not more than 100 million SGD; or Company’s Group employment size not more than 200 employees

Application Period

• Previously til 30th April 2020, it is now extended to 30 September 2020 to support more SMPs in their digitalisation journey.