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Grant Guide 12 February 2026 6 min read

EIS Budget 2026 AI Changes: 400% Deduction on S$50K AI Spending

Budget 2026 (Annex C-1) adds a fifth qualifying activity to the Enterprise Innovation Scheme: AI expenditures. Companies can claim a 400% tax deduction on up to S$50,000 of qualifying AI spending per Year of Assessment, from YA 2027 to YA 2028. This is a separate cap from existing R&D and other EIS categories. This guide covers the exact before-and-after changes, a worked example showing S$34,000 in potential tax savings, timeline, and answers to common questions.

Verified 15 April 2026

Budget 2026 adds AI as a new qualifying activity under EIS. Here’s exactly what changed and how it interacts with existing EIS benefits.

What Changed in EIS After Budget 2026?

Before Budget 2026 After Budget 2026 Effective
Qualifying activities 4 categories (R&D, IP, Innovation, Training) 5 categories (+AI Expenditures) YA 2027
AI expenditures Not a separate category 400% deduction on first S$50K/YA YA 2027 – YA 2028
AI cap N/A S$50,000 per YA (separate from R&D) YA 2027
R&D cap S$400,000 per YA S$400,000 per YA (unchanged)
Cash payout (AI) N/A Not available for AI activity
Cash payout (other EIS) 20% on up to S$100K 20% on up to S$100K (unchanged)

How Much Can You Save? Worked Example

Scenario: Your company spends S$50,000 on qualifying AI tools and subscriptions in one year.

CalculationAmount
AI expenditureS$50,000
Enhanced deduction (400%)S$50,000 × 4S$200,000
Tax savings (at 17%)S$200,000 × 17%S$34,000

Result: S$34,000 in tax savings from S$50,000 of AI spending — a 68% effective return.

This is on top of any existing EIS claims for R&D, IP registration, innovation projects, or training. The S$50K AI cap is separate.

Combined EIS Example

EIS CategoryQualifying SpendDeduction (400%)Tax Savings (17%)
R&DS$400,000S$1,600,000S$272,000
AI ExpendituresS$50,000S$200,000S$34,000
TotalS$450,000S$1,800,000S$306,000

What Qualifies as AI Expenditure?

IRAS will release detailed guidelines for the new AI activity. Based on Budget 2026 Annex C-1, qualifying expenses are expected to include:

  • AI software subscriptions and SaaS tools
  • AI platform licensing fees
  • Cloud computing costs for AI workloads
  • AI training and fine-tuning costs
  • AI-related consulting and implementation services

Important: The AI activity is a separate 5th category. It is not a sub-cap of the existing R&D category. You can claim both R&D (up to S$400K) and AI expenditures (up to S$50K) in the same YA.

What Does NOT Qualify

  • General IT software not specifically AI-related
  • Hardware purchases (unless directly tied to AI workloads)
  • Expenses already claimed under another EIS category
  • Activities outside the YA 2027–2028 window

How Does This Interact With Existing EIS?

The AI activity sits alongside — not within — existing EIS categories:

EIS CategoryCap (per YA)Cash Payout Option
1. R&DS$400,000Yes (20% on up to S$100K)
2. IP RegistrationS$400,000Yes
3. Innovation ProjectsS$400,000Yes
4. TrainingS$400,000Yes
5. AI Expenditures (NEW)S$50,000No

Key rules:

  • You cannot claim the same expense under two categories (e.g., AI R&D cannot be claimed under both R&D and AI)
  • The AI cap (S$50K) is much lower than other categories (S$400K)
  • No cash payout option for AI — must have taxable income to benefit

Why No Cash Payout?

Unlike other EIS categories, the AI activity does not offer a cash payout option. This means:

  • Loss-making companies or startups without taxable income cannot convert AI expenses to cash
  • You need sufficient taxable income to fully benefit from the 400% deduction
  • For companies without taxable income, the existing R&D category with cash payout may be more useful

When Do IRAS Guidelines Come Out?

MilestoneExpected Date
Budget 2026 announcement12 February 2026
IRAS detailed guidelinesMid-2026 (estimated)
AI activity takes effectYA 2027 (expenses from 2026)
AI activity endsYA 2028 (expenses from 2027)

Note: Until IRAS publishes detailed guidelines, the exact scope of qualifying AI expenses may evolve. Keep records of all AI-related spending from 2026 onwards.

How to Claim on Your Tax Return

EIS AI deductions are self-assessed — you claim them when filing your annual corporate tax return. There is no separate application to IRAS or EnterpriseSG.

Filing process:

  1. Incur qualifying AI expenditure during the relevant financial year
  2. Prepare supporting documents: invoices, payment proofs, vendor contracts, description of AI tools/services used
  3. Calculate the enhanced deduction (400% of qualifying amount, up to S$50K cap)
  4. Report the deduction in your Form C-S or Form C under the EIS section
  5. Submit by the filing deadline: 30 November (paper) or 15 December (e-filing) of the Year of Assessment

Important notes:

  • This is a tax deduction, not a cash grant — it reduces your taxable income
  • No cash payout option is available for the AI activity (unlike R&D and other EIS categories)
  • Keep all supporting documents for at least 5 years — IRAS may audit your claim
  • You cannot claim the same expense under both EIS AI and another EIS category (e.g., R&D)
  • You cannot double-dip: if an EnterpriseSG grant already covers the same cost, you cannot also claim EIS

Related filing guides:

Frequently Asked Questions

Is the S$50K AI cap per company or per YA?

Per YA. You can claim up to S$50,000 of qualifying AI expenses in each Year of Assessment (YA 2027 and YA 2028).

Can I claim AI expenses under R&D instead?

If your AI work qualifies as genuine R&D (technical uncertainty, novel development), you may claim it under the R&D category (S$400K cap) instead. However, you cannot claim the same expense under both R&D and AI categories.

Does the AI activity extend beyond YA 2028?

Currently, the AI activity is announced for YA 2027 to YA 2028 only. This aligns with the broader EIS sunset date.

What if my AI spending exceeds S$50K?

Only the first S$50,000 gets the 400% enhanced deduction. Any excess above S$50K may qualify for normal tax deduction (100%) under regular business expenses.

Can startups with no taxable income benefit?

Not directly from the AI activity, as there is no cash payout option. Startups should consider:

  • Claiming AI R&D under the general R&D category (which has cash payout)
  • Using PSG for pre-approved AI tools (cash grant, no tax dependency)

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