Horwath HTL summary
Provides enhanced tax deductions or allowances for qualifying innovation activities, including AI adoption from Year of Assessment 2027, with an optional cash-conversion route for part of qualifying expenditure.
Eligibility
Businesses carrying on a trade or business in Singapore with qualifying expenditure in Years of Assessment 2024 to 2028. The cash payout also requires at least three full-time local employees for six months or more.
The administering body decides eligibility and support. Check the official programme against your organisation and project before making commitments.
Project timing in the recorded terms
The public record does not state whether the project may have started. Check the official programme.
Support
Up to 400% deductions or allowances for specified activities. For YA 2027 and YA 2028, AI adoption qualifies at 400% on up to S$50,000 of expenditure a year, without a cash-conversion option. Eligible businesses may convert up to S$100,000 of qualifying expenditure at a 20% cash payout, subject to exclusions and caps.
- Tax deduction or allowance recorded
- 400%
- Maximum cap recorded
- S$20,000
- Application timing
- Rolling application
Why a hotel might use it
innovation, R&D, IP, training, digital capability.
Critical conditions
- This is a tax incentive, not an approval-based project grant.
- Confirm whether each proposed cost falls within a qualifying activity.
Verification
- Last verified
- 14 September 2026
- Official page updated
- 31 August 2026