Transcript NPQ Business Portal

System for Increasing Net Profits Without Increasing Marketing Budgets
Productivity Innovation Credit
How SG clients can get NBP at 68% off normal price with
Government subsidies
 2010 NetProfitQuest Pte Ltd. All rights reserved.
System for Increasing Net Profits Without Increasing Marketing Budgets
What is Productivity Innovation Credit (PIC)?
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Introduced in the Singapore Budget 2010.
Enhanced in Budget 2011
From 2011 to 2015, all businesses can enjoy
400% tax deduction on up to $400,000 of their
expenditure per year on each of the SIX
qualifying activities
 2010 NetProfitQuest Pte Ltd. All rights reserved.
System for Increasing Net Profits Without Increasing Marketing Budgets
SIX Qualifying Activities that are Claimable
1)
2)
3)
4)
5)
6)
Acquisition or leasing of PIC Automation Equipment
Training of employees;
Acquisition of Intellectual Property Rights;
Registration of patents, trademarks, designs and plant
varieties;
Research and development activities; and
Investment in approved design projects.
http://www.iras.gov.sg/irashome/PIcredit.aspx#Summary_of
_Deductions/Allowances_on_Investment_Activities
 2010 NetProfitQuest Pte Ltd. All rights reserved.
System for Increasing Net Profits Without Increasing Marketing Budgets
NPQ Business Portal
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NBP is a LEASED SOFTWARE
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Yearly subscription software
Hence qualify 400% tax deduction
 2010 NetProfitQuest Pte Ltd. All rights reserved.
System for Increasing Net Profits Without Increasing Marketing Budgets
What does this means to our SG client?
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Pays $3,900/year for NBP
Next year can claim 400% x $3,900 = $15,600 as
expenses to be less off revenue
Corporate Tax is 17% in Singapore
The client SAVES $15,600 x 17% = $2,652 in taxes
Hence the client has in effect paid $3,900 $2,652 = $1,248/year only for his NBP
Client enjoys 68% discount because of PIC!!
 2010 NetProfitQuest Pte Ltd. All rights reserved.
System for Increasing Net Profits Without Increasing Marketing Budgets
Here lies
Telemarketing
&
SMS Blast
Died in 2012
 2010 NetProfitQuest Pte Ltd. All rights reserved.
System for Increasing Net Profits Without Increasing Marketing Budgets
ALL other marketing channels CANNOT claim
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Newspaper ads
TV ads
Radio ads
SMS blast
Email blast
Telemarketing
Yellow pages
Google Adwords
Facebook Ads
 2010 NetProfitQuest Pte Ltd. All rights reserved.
From NOW until
2015, NPQ
Business Portal is
the ONLY marketing
channel that can
CLAIM PIC
System for Increasing Net Profits Without Increasing Marketing Budgets
Easy Process to Claim PIC
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Business owner talks to own accountant
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PIC Consultant
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All accountants in Singapore has already been called
for training by government on PIC
Forward request to NPQ, we will facilitate
Some existing clients last year have already
claimed for PIC this year
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Stock investment seminar singapore
Natural remedies singapore
 2010 NetProfitQuest Pte Ltd. All rights reserved.
System for Increasing Net Profits Without Increasing Marketing Budgets
In Summary: Message for Prospects
1)
2)
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Spam laws to clam down PUSH marketing like
email, sms and telemarketing
Get NPQ Business Portal with 68% subsidy from
Government
No other advertising/marketing can claim PIC
CONCLUSION:
SMEs must move from PUSH to PULL marketing
with Government funding help
 2010 NetProfitQuest Pte Ltd. All rights reserved.
System for Increasing Net Profits Without Increasing Marketing Budgets
Thank You!
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 2010 NetProfitQuest Pte Ltd. All rights reserved.