Get Productivity And Innovation Credit Pic Bdisclosureb Of Error Bformb - Iras - Iras Gov

The Productivity and Innovation Credit (PIC) Disclosure of Error Form assists companies in disclosing any errors made during claims for cash payouts related to qualifying activities under the PIC scheme. Completing this online form accurately is essential for ensuring compliance and correcting any previous claims.

Follow the steps to fill out the form correctly.

1. Press the ‘Get Form’ button to access the Productivity And Innovation Credit Pic Disclosure Of Error Form and open it in your preferred editor.
2. In Part 1, provide your company’s particulars by filling in the name of the company and the tax reference number.
3. Move to Part 2 where you will list the amount of non-qualifying expenditure. You need to fill in the years of assessment from 2011 to 2018, along with the corresponding amounts of non-qualifying expenditure that has been converted to PIC cash payout.
4. Make sure to detail the error(s) in Annex A, with a separate Annex A for each year of assessment you are disclosing.
5. Proceed to Part 4 to provide particulars of the person completing the form, including their full name, contact number, designation, and include a signature with the date.
6. Finally, review all entered information for accuracy, save the changes, and you may choose to download, print, or share the completed form as necessary.

Complete the Productivity And Innovation Credit Pic Disclosure Of Error Form online today to ensure compliance and correct any claims.