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Bring your credit card and a photo ID to the bank teller, and tell them the amount you would like to withdraw. No minimum Linkpoints redemption amount required to offset your purchases. 6. Presuming a cash rebate of $1,000 tacked onto the down payment — which rebates usually are — you would finance only $26,000 and pay $2,730 in interest. Our interest rates on Loans on Credit Cards are generally lower and more flexible. We have over 10 years history of delivering innovative payment services. Section 1. Last up on today's list of rebates is this free 2-pack of Actual Veggies burgers via a 100% cash-back rebate. What is iCard ATM. To be eligible for this Rebate Program, Eligible Card accounts should be valid, in good standing and in compliance with the conditions that may be. The app has tons of rebates for groceries and other products you buy frequently. Program. A Condition contract is created in S/4HANA instead of a rebate agreement as shown in below image. Up to 4% cash back. ¹"After All Incentives" includes both at-purchase incentives and after-purchase incentives, which can include the Federal EV tax credit, cash rebates, utility bill credits, perks like free charging or HOV-lane access, or rebates and credits for charger installation. Review the details of your Apple Card offer, including the credit limit and APR, then accept or decline the offer. Check the details, and press the “Send” button. The Cash Rebate can only be used to offset future retail purchases but cannot be transferred, withdrawn as cash or used to offset payments such as fund transfers, tax payments, finance charges, annual fees, bank fees and charges or other outstanding balances. Rebates are usually listed as a dollar amount, as opposed to discounts that are expressed as a percentage off. Customer can also enjoy loyalty discount rates based on Year (s) of Cardholding Discounts. You can order a new iCard VISA debit card straight from the app and use it for ATM withdrawals, online and at contactless POS terminals in physical shops. by the U. Initial Receipt of card: Debit Asset Account: Vendor Rebates Credit Expense Account: Where original rebate qualifying purchase was coded. Taxpayers usually get a refund on their income tax if they have paid more than what they owe. com. You are automatically considered for the GST/HST credit when you file your taxes. The Wells Fargo Active Cash® Card is a Forbes Advisor top pick for a flat-rate cash-back card, earning 2% cash rewards on purchases. See your spending by color and category. (v) 0. SRP Cool Cash Rebate Program 2702 N. 3% cash rebates at Watsons (0. 32 and your prepaid card only has $7. Truckee Donner Public Utility District – Energy Conservation Rebate Program. Sale Tax. From the sales report ( TJQ) (where nn is the sequence number) The refund record is displayed. To manage credit card, sign in or call 1-800-767-0291. gives rise to the question of whether incentives should be accounted for as a reduction in revenue (Net Basis) or as an expense (Gross Basis). Background. Third St. BOC Family Card. 5. The highest level of security. Ultimate Guide to the Best Cash-Back Apps of 2023. 3D security (Verified by VISA) comes standard with this card to protect your online shopping and reservations. Cash withdrawal at an ATM. S. The tax rebate is calculated based on the following: The amount of tax payable after double taxation relief and. ) WHTX02 – Withholding tax from a U. Usually the rebate is offered by either the manufacturer of the product or the retailer. Also, many dealerships use language like "well, that car is only $15,000 after a $3000 rebate. 2. In order to be entitled to the Cash Rebate Amount, Cardmembers' relevant Card account must remain valid, in good credit standing and not. Cash Rebate. Therefore, you’re taking 0. 2. How a rebate on a car works. airtime credit or c) Moamalat service-supported debt card issued by local Libyan banksFollow a few simple steps: 1. Because of this, it can be used for many other forms of activity in the finance world, including synthetic financing and synthetic repo products, where if a participant wants to raise financing and has an asset, then it can simply sell the asset and buy or receive the total returns on it and pay. Enjoy express delivery throughout the EEA. Recommended Credit. 5% rebate on every dollar spent on research and other eligible clinical expenses. Up to 2% cash rebate on contactless and online shopping. 3% cash back on goods or services purchased directly from Apple (including Apple retail stores, the Apple online store, the App Store, iTunes, Apple Music and other Apple-owned properties) on Uber. 3% of 5 times of approved credit limit (not applicable to temporary credit limit and extra credit limit induced by credit balance). Take control of your finances today with iCard. The Apple Card, issued by Goldman Sachs, is an interesting option for Apple loyalists, earning up to 3%. Rebates are offered on a variety of products and services and can. S. Now you can earn cashback when you shop from some of your favorite stores on Bing. I live outside South Carolina but filed a 2021 South Carolina Individual Income Tax return. When you take out a cash advance, you're borrowing money against your card's line of credit. 14,215 likes · 328 talking about this. Rewards: Earn 2% cash rewards on purchases. eligible for Cash Rebate, as excluded in Clause 2(n) below. If you purchase a $500 computer with a cash back credit card that earns 2% cashback on all purchases, the IRS sees this as your card giving you a 2% coupon. Rebate: A rebate is the portion of interest or dividends earned by the owner (lender) of securities that are paid to a short seller (borrower) of the securities. Charles Schwab offers a $1,000 referral bonus with a $500,000 deposit into a new Schwab brokerage account. Go to Settings > Wallet & Apple Pay, tap Add Card, then tap Apply for Apple Card. Up to 2% cash back (1% when you purchase and 1% when you pay) Intro Offer: $200 cash back. S. 3% from 1 October 2023 onwards); 3% cash rebates at Pet Lovers Centre with min. The law includes $391 billion to support clean energy and address climate change, including $8. 2) Rs 2,000 per month (Rs. Send now. TFROUT – Transfer out from account. In other words: rewards usually aren't taxable because the purchased property's cost is simply adjusted. 0. 5% cashback with a total monthly spend of RM3,000 and above. 1. Then you’ll be asked to answer a few short questions so that we. Metropolitan Water District is offering a rebate of $2. 3. Earn up to 10% cash rebate on Groceries, Shopee and Grab and up to 3. Best cash back and rebate apps. Apply for DBS Balance Transfer today with promo code “ DBSBT ” and receive 1% cashback on your approved loan amount! Valid for loan amount of S$10,000 and above with a minimum loan tenure of 12 months. stock or other security. With the UNI$ programme, redeem for things you love, pay your bills, or auto convert to cash rebates! With over 1,000 rewards across dine, shop, travel and more, we have all the right deals for your lifestyle needs. * All you need is smartphone or computer connected to the Internet and, for payment, you can use: a) iCash App from Umbrella. Reply from iCard. HANA database now directly accesses the relevant (billing) documents and calculates. The Q1 2024 category will be released in December. After the Vendor has received the application and duly verified the information, the Vendor will apply the HK$5,000 Cash Rebate for part payment of the balance of the purchase price directly. Максималният размер на захранването в брой в партньорската ни мрежа може да е различен и се определя от. Regular Interest Rate – The interest rate offered for a normal auto loan. Take 25,000 Gift Points can redeem HK$100 cash rebate as an example: HK$2,500 online spending can earn HK$100 cash. Readers had questions about California’s gas rebate payments, including whether it matters how many cars you have and why it’s based on 2020 tax returns. , Suite 2020 Phoenix, AZ 85004 4. Highest cashback amount. St. R&D projects funded by the Innovation and Technology Fund (ITF) ("ITF projects"); and. Tap on “Pay” to reveal the card number, expiration date, and CVV code. iCard is a licensed European e-money institution that gives you better than expected money safety to make your life easier and get you more free time! account + card + mobile payments. 5. For a collaborative project or Enterprise Support Scheme project, the cash rebate is disbursed to an applicant in two phases. As it’s described more. Cash rebate: One of the most compelling reasons to take your research to Australia is the 43. Welcome Offer. Tax Payment. The more purchase you make, the more awards you'll get! Retail purchase, Interest-Free Instalment and autopay transactions are eligible for cash rebate. 00. Total due at signing rebate. Best FREE chequing account offer in Canada with $400 cash bonus. spend requirement. Rebates can apply to a purchase in a couple of ways: Toward lowering the purchase price. Either way, holders will earn a stipulated sum or percentage patented to each card’s category in cash rebates. As a Standard Chartered credit cardholder, you can earn CashBack + when you spend with your eligible Standard Chartered CashBack Cards*. 99% Variable. Telephone: If you are calling the TRS from within Australia: 1300 555 043. The computer is a fixed asset, so you would record the transaction as a $3,000 debit to fixed assets and a $3,000 credit to accounts payable. 重要通知 「中銀i-card Mastercard」(「i-card」)將於2023年9月30日或之前停止服務。 為讓客戶繼續享用有關信用卡服務,我們將以「中銀Chill Card」取代i-card。 詳情請 按此 . 10 examples: The new 2004 law limited the sales commission to 2. It clarified that, generally speaking, credit card points and cash back are held to be discounts. 99 euro/month. 375 per cent to 2. iCard AD is authorized by the Bulgarian National Bank as a e-money institution for issuance of electronic money, distribution and redemption of electronic money, placing cash to a payment account, withdrawing cash. Learn more. Fits in iCard digital wallet or can be used independently. Full-time students who present a valid i‑card may purchase discounted tickets for or get in free to some Athletics events. Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024. Personal Finance. 99% - 26. You can take advantage of free and instant money transfers to iCard users, pay contactless on POS, make secure online payments and so much more! With iCard, you get convenience, efficiency and 100% security. 70 in Malta’s coffers for every Euro spent through cash rebates, concluding that the. Here’s an example of how you can access these funds: Available Credit Limit of S$10,000 on your Credit Card. com, American Eagle and H-E-B. With more than 400,000 home loans expected to come out of the repayment holiday, here's our guide on refinancing your home loan after a repayment holiday. Максималният размер на сумата, която можеш да депозираш на банкомат на iCard е 9,999. Be one of the first people in the world to get Visa Infinite for such an incredible monthly fee! Gain instant access to a recognized status. PersonalAmBank Cash Rebate Credit Card Terms & Conditions 3 Version January 2022 Cash Rebate 1. Weekend Dining Cash Rebate is capped at RM30 per card holder per statement cycle. Credit Card Funds/Balance Transfer allows you to access short-term funds at 0% interest from your available credit limit. Click below to start earning. In order to receive a rebate, you must apply to reserve rebate funds prior to starting your project. Cash Rebate Reward accrual is to be counted on a calendar month basis, starting from the first day of the month until the last day of the month. Then you should get good cashback cards like Citi Cash Back Card or Maybank Friends & Family Card and earn higher cashback rates on major categories like petrol, dining and groceries. You can take advantage of free and instant money transfers to iCard users, pay contactless on POS, make secure online payments and so much more! With iCard, you get convenience, efficiency and 100% security. Results. Transaction Reversal Fraud (TRF) is a method used by criminals to steal cash from ATM’s. 8. Throughout this guide, I’ll explain my reasoning. Rebates will generally be posted to the account within two business days of the following month, but there may be occasions where the process takes longer. System response: If you are processing a full refund, proceed to Step 5. (Note that cash could be transmitted electronically, too, such as through a peer-to-peer application. Osmow's, Waterloo. Rebates require you to make a purchase and then submit paperwork electronically or through the mail. Under current rules, buyers can't claim the credit of up to $7,500 for new vehicles and $4,000 for used vehicles until they file their taxes. Simply enter your phone number here, purchase a pack of Actual Veggies, and back the full amount, up to $7. Otherwise, you can settle down for. WBD – Transfer in of money from another account – usually the description will include TSF FR (account number. If your income isn’t too high, and the car or truck you plan to buy isn’t ultra-luxe, you could qualify for instant cash back of up to $7,500 for a new vehicle, or up to. iCard provides you with all the financial tools you need to make efficient and cheap worldwide transfers. The ompany reserves the right to debit the HKD card account with the cash rebate awarded without prior Enjoy up to 10X Gift Points (equivalent to 4% cash rebate) while spending with BoC Pay, UnionPay App, Apple Pay and Huawei Pay (HK$1 spending with mobile payment can earn 10 Gift Points. 0. A payment of £150 to households in (English) Council Tax Bands A-D, plus a rebate to households of £200, will be worth the equivalent of more than 2. One thousand dollars is a hefty rebate, but it pales in. amounts can enjoy 0. 2% cash rebate ("Online Spending Cash Rebate"), including the 0. If your income is $73,000 or less, you can file your federal tax return electronically for free through the IRS . Examples of cash rebate in a sentence, how to use it. Introductory bonus. Feel the power of the metal and its exclusive privileges. Cash rebates. 00. POSB Everyday: Rebates up to 10% in Singapore. 寫住"RETURN: MKT-CASH REBATE"大家知唔知係咩回贈????係咪6-8月萬寧果個? ,Baby Kingdom - 親子王國 香港 討論區 You can add iCard Visa directly from your Apple Wallet: On iPhone, open the Wallet app and tap the. Applicable to All Cardholders (including Co-branded Cardholders. Non-tax filers have until May 31, 2023 to file a tax return. THB 4,000 cash rebate for insurance payments via Citi Credit Cards Get up to THB 4,000 cash rebate* when spending on insurance via full payment Accumulated spending (THB)/Program 50,000 - 99,999 100,000 - 299,999 300,000 or more Special offer Spending (THB) 500,000 or more/sales slip Get cash rebate (THB) 300 700 2,000 Get cash. If there’s any app you should start with, it’s Ibotta. Set Apple Card as your default card for. 5. They even have ads on TV. Just like Checking That Pays, the U. Y. 00 psf up to $2,000 per residential household or $1. TRF/Lnn. With iCard you get a free account, 2 free virtual cards – Mastercard and Visa, and a free plastic Visa card. 憑卡進行網上簽賬交易可享10倍簽賬積分,相等於4%現金回贈((以25,000分可換HK$100現金回贈計算﹕網上簽賬交易滿HK$2,500可享HK$100現金回贈). Get our free mobile app. But now it’s July, and the after-school program director, 35, wonders when the state will make good. . You can choose the virtual card design, freeze the card after payment, set personalised limits, change notification settings, and keep track of the transactions made with the card in the “Activity” tab. Students who have paid the Krannert fee may buy reduced-cost tickets to Krannert Center performances. For a partial refund, continue to the next step. The cash rebate earned will be rounded down to the nearest dollar. com IG: @hkcashrebate 本帖源自 percysmith 師兄 12/3/2011 (last update: 2/3/2019) 的分享, 由於該帖已鎖, 所以重新整理 If miles are not desired: A) Online shoppingi. The rebate program offsets Medicaid costs and reduces federal and state spending on drugs. iCard ATM is a cash management solution, designed for retailers, who would like to acquire free-to-use or pay-to-use ATMs and install them at locations of their own choice. Cash Rebate Reward accrual is to be counted on a calendar month basis, starting from the first day of the month until the last day of the month. 2017. Maximise your savings with over 1,000 rewards. 461-4(g)(3), Taxpayer may not treat its liability for a cash rebate as incurred prior to payment of that cash rebate. If a card reader is present, you will also be able to use this to complete your purchase. S. Some of the best cards to pair with cash back apps include: Rewards rate. Don’t just take our word. Cash rebates are available on FX trades only according to predefined trading tiers. Date of experience: October 20, 2023. In case you’re not sure whether an ATM has it, look for the contactless symbol on it. label meet strict energy-efficiency specifications set. The ultimate metal debit card experience you know and love, now with a hot new copper and brass finish that will turn heads. This cash back rebate is not provided by the dealership you are shopping with. ) “Cash equivalents” include items convertible to cash (such as a check) or items that can be used like cash, such as a general-purpose prepaid card such as a Visa or Mastercard. The cash refund booths will have the. Kuala Lumpur: CIMB Islamic Bank Berhad (“CIMB” or “the Bank”) in collaboration with PETRONAS Dagangan Berhad (“PDB”) have unveiled the new CIMB PETRONAS Visa Islamic Credit Cards (the “Cards”), the highest PETRONAS cash rebate credit cards in the market. gas stations, 3% cash back on transit. But here’s the thing: The voucher functions like a cash card. Cash back on local spend. Once we receive your response, we’ll send you a request to take a selfie in the iCard app in order to verify your identity. Get Apple Card. card_namerebate翻譯:(尤指政府返還的)部分退款。了解更多。Една карта за всички плащания. All sale and purchase transactions in debt securities. And try the new card-to-card transfers with which iCard gives you the opportunity to send transfers to every debit, credit or pre-paid Visa card issued in the EEA in a matter of seconds. Find rebates and special offers near you on ENERGY STAR certified products. Effective Jan. Only Cardholders who fulfill theseRebate: A rebate is the portion of interest or dividends earned by the owner (lender) of securities that are paid to a short seller (borrower) of the securities. No points to calculate. You must repay this. Contactless. 中銀 i-card. 12% of the tax amount reported on Form 40 (line 20), or Form 43 (line 42) for eligible service members using that form. Can be used everywhere Visa Prepaid cards are accepted. 13. Now accepted at over 11,500 Exxon™ and Mobil™ stations. Securely access your IRS online account to view the total of your first, second and third Economic Impact Payment amounts under the Tax Records page. Everyday Cash Back 1. You can earn HKD1 cash rebate for spending every HKD200 with CMB Wing Lung Credit Card. The authority upped its rebate to $1 per square foot in 2003, then $2 in 2007. Let’s say you charge your monthly household expenditure to your card, and it averages above $800 to $888. 99 EUR/month. 想出iPhone 15?即睇食迎新出機攻略!. The following questions and answers provide information on the federal tax consequences to. iCard Visa е безконтактна дебитна карта, която можеш да поръчаш директно от мобилното. The Family Cash Rebate for Public Transport transactions is capped at S$25 per Card Account per billing cycle. 85%回贈!. 39. Very rarely, it may take up to two billing cycles for your rewards to appear on your account. S. 2% rebate on other eligible transactions (Capped at S$100 monthly). Split your credit card bills by up to 36 monthly installments with monthly handling fee as low as 0. supermarkets on up to $6,000 per year in purchases (then 1%), 6% cash back on select U. Andy’s Legendary Pizza, Waterloo. $50M to. S$15 spend . drivers are set to cash in due to a drop in crashes on the province’s roads. 0. 20% of tax payable, up to $500. Total rebate amount for the cycle should at least be P1. Cashback on recurring utility bills and recurring telco bills are capped at Daily$3 per calendar month. iCard ATM is a cash management solution, designed for retailers, who would like to acquire free-to-use or pay-to-use ATMs and install them at locations of their own choice. The Cash Rebate will only be awarded for any spend and payments made under the categories set out in Clause 1 illustrated as per the table above using the UOB ONE Card only. 10% of the tax amount reported on Form 40 (line 20), or Form 43 (line 42) for eligible service members using that form. The bank will tell the store "I can’t. Gov. 食肆酒店及外幣簽賬2%回贈!. Upfront Payment. Mastercard, 學生卡, 東亞. Those who file a tax return by that date would be eligible for the standard, automatic rebates heading to all New Mexico tax filers. If you took the 0% APR deal, you’d pay no interest and repay only the $27,000 principal. Fee for non-compliant funding via bank transfers, postal transfers and via cash deposit 16. Before heading to the dealership, there are three common types of car-lease incentives to be aware of. Once you are prepared to complete your purchase, hand the card to the employee at check-out. The monthly cash rebate is capped at 0. 新客經本網申請指定東亞信用卡,各簽一次額外賺$800! 連同迎新高達$4,550! 新客經本網申請信銀Motion卡,毋須簽賬額外賺$1,000!Limits may apply to the amount of cash you are able to withdraw at ATMs. 3% of 5 times of approved credit limit (not applicable to temporary credit limit and extra credit limit induced by credit balance). The Apple Card, issued by Goldman Sachs, is an interesting option for Apple loyalists, earning up to 3%. 6 million in 2021, range from 20. Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. + free express delivery. 6-month special financing* on purchases of $250 or more. 00% savings offer). Earn 1% cash rebates when your monthly bill is S$1,000 or more; Apply now Learn more. Вече можеш лесно и бързо да внесеш пари на някои каси на FastPay или на бензиностанция, която има OMV Services. Minimum spend of $800 in a month Cashback capped at $25 per category group per monthДеян Добрев е част от ръководството на iCard от 2008 г. ”. Credit cards, too, offer users cash back or reward points they can use to make purchases or reduce their bill. Rakuten (formerly eBates) eBates (now Rakuten) is a name that epitomizes cashback online shopping! They have even been featured on The New York Times, CNN, Good Housekeeping and the Wall Street Journal numerous times. Learn more. To help with the high price of gas — and the rising cost of living — California started sending payments ranging from $200. Show your ONE Card and receive 10% off your purchase. Sometimes referred to as a retroactive discount, rebates are often used as an incentive or marketing tactic to attract customers. First, Uber and Walgreens (including Duane Reade stores) joined purchases at Apple 's own stores as the first third-party 3% merchants, followed by T. , monetary gift may be received in cash, cheque, draft, etc. Get 2% Daily Cash. You can earn up to 10% cash back at thousands of stores – including Walmart, HomeDepot. Here are some good ones to consider. 0. This arrangement, therefore, is distinguishable from the program in American Bar Endowment. ) WHTX02 – Withholding tax from a U. The deduction under section 80GG will also not be available to an assessee if any residential accommodation is owned by the assessee at any other place, which he is occupying,. average daily share volume)* Added by Firm; Greater than 0. 3. For those looking to get cash refunds, you can visit cash refund booths that will be set up at the following Kopitiam outlets from Mar. Rebates are scheduled to begin being paid during 2012. The Scheme provides a cash rebate equivalent to 40% of a company's eligible expenditure in two types of applied R&D projects – (1) R&D projects funded by the Innovation and Technology Fund (ITF) ("ITF projects"); and Up to HK$2,000 cash rebate for online applications. The store’s system will know that when it tries to authorize $35. Welcome Offer. The monthly cash rebate is capped at 0. Blog, Company Law, News. No points to calculate. T&G : LinkYou should provide us with the number that‘s currently linked to your account and the new one you wish to use. $6. Yes, as long as you meet the eligibility requirements listed above. Amount of the 2022 rebate, whichever is greater: $75 per taxpayer and each dependent. The largest online newspaper archive; 300+ newspapers from the 1700's - 2000's; Millions of additional pages added every month 預設人民幣信用額 可隨時為主卡預設人民幣賬戶的每月信用額上限。 積分易賺易用 憑卡消費1蚊,賺1分;您可以用賺取的積分兌換一系列不同的獎賞。 「簽賬得FUN」獎賞計劃詳情請 按此 。 立即申請 經此二維碼掃瞄下載 立即下載BoC Pay申請 或 Apple、Apple標誌. Express courier delivery - 10. Cash rebates offered when leasing a car are. The rebates were part of a tax law that passed out of the. Cash rebate is a sales promotion strategy adopted by marketers to provide incentives in order to entice. 0. 50,000. 200 cases x [Into Stock Price – End-User Price]. 7. 3% cash rebates on all other transactions. + Cash Rebate or CashBack that the clients earned when spending with eligible CashBack. All Cash Rebate Amount ("Cash Rebate Amount") can only be used for settling new Eligible Transactions of the relevant Eligible Accounts and cannot be used to settle any other outstanding balances. By online or mail-in rebate on first qualifying purchase of $250 or more (before tax) with a new Goodyear Credit account valid 10/1 - 12/31/2023. There will be a fee associated with this transaction, usually between 3% and 5% of the amount being withdrawn. Cash Rebate Program. These home energy rebates will help. 東亞i-Titanium信用卡攻略 – 手機付款及網上簽賬高達4%回贈!. In May, Dudley splurged on a new electric car, a metallic black Chevy Bolt EV LT. That’s because you’re earning these rewards for spending money on products, so these rewards are considered a discount on your purchase, rather than income. You can send money transfers in EUR, GBP, BGN, CHF and RON whenever you need it at competitive and transparent fees. Priority support by our help desk 24/7. Total Loan Amount. Rewards: Earn 2% cash rewards on purchases. 00, system will drop/forfeit the rebate. Depending on your financial needs, you may apply for tenures of 3, 6, 9, or 12 months. In other words, the maximum rebate that can be earned is S$195. Example. Then you’ll be asked to answer a few short questions so that we can be sure that the request was sent by you. If you took the 0% APR deal, you’d pay no interest and repay only the $27,000 principal. iCard ATM is a cash management solution, designed for retailers, who would like to acquire free-to-use or pay-to-use ATMs and install them at locations of their. Maybank Family & Friends: 8% cashback with S$800 min. Making Your Purchase. Your monthly payment drops to $450. You earn 2% back when using the card through Apple Pay. 5. Notices of Direct Debit (U. 1% fuel savings at SPC. Enjoy 3% cashback on all your overseas spend! Valid from 15 Nov 2023 – 31 Jan 2024 (“Promotion Period”). The following questions and answers provide information on the federal tax consequences to. A rebate is actually free money from the manufacturer to motivate you to buy a particular make or model of a new vehicle. 53 on it, you don’t have to remember how much you have left on the card or tell the cashier about it. "The Scheme provides a cash rebate equivalent to 40% of a local enterprise's eligible expenditure in two types of applied R&D projects –. 3.