For Your Accountant: EIS Claim Documents (Singapore)
Forward this page to whoever does your tax. It has the scheme facts, what we provide, and when, so the claim starts from here instead of from a blank page.
Singapore's Enterprise Innovation Scheme (EIS) gives businesses a 400% tax deduction on the first S$50,000 of qualifying AI expenditure per Year of Assessment, for YA 2027 and YA 2028. Qualifying expenditure covers AI system subscriptions and qualifying AI business services such as system development, deployment, consultancy and strategy, data and analytics, and system-related training.
Whether your spend qualifies is a question for your tax advisor and IRAS. What this article covers is the paperwork, and it works like this: when your engagement is completed and accepted, we automatically provide the necessary documentation for an EIS claim, and we cooperate with you and your accountant on the claim paperwork from there.
The necessary documentation, provided automatically
Once the work is completed and accepted, you receive the documentation your accountant needs to assess the claim, including an itemised commercial breakdown mapped to the service categories IRAS lists, never a single vague line. Installed systems appear under their title on this site, for example "AI Appointment Confirmation and No-Show Rescue System", so the claim file, the proposal and the system's public page all reconcile.
The documentation exists so your accountant can see what was delivered and under which service category, without reconstructing it from chat history.
Help with the claim paperwork
If your accountant needs anything clarified or reissued for the claim file, ask your AI Solution Expert or write to support with the invoice number, and we will help. Cooperating on the claim paperwork is part of the service.
What to keep in mind
- The AI category has no cash payout option; it is a deduction only.
- Hardware is excluded, and expenditure subsidised by a government grant does not qualify.
- If you are GST-registered, claimable input GST comes out of the qualifying amount.
- Claims go in your income tax return for the relevant YA: 18 April for sole proprietorships and partnerships, 30 November for companies.
ABC Sales AI does not provide tax advice and does not guarantee EIS eligibility, deduction amounts or IRAS acceptance. Bring the documents to your tax advisor, and see our full guide at Budget 2026 EIS: the 400% AI tax deduction.