How to Claim Land Intensification Allowance (LIA)?

Claim of LIA

Taxpayers will claim the LIA when submitting their income tax returns to the Inland Revenue Authority of Singapore (IRAS) and are not required to submit any supporting documents. However, they should still maintain the following documents as the IRAS may request for them when reviewing the tax returns:

(a) a copy of the letter of offer from EDB;

(b) details of qualifying capital expenditure incurred on the construction or renovation/extension of the approved LIA building or structure and a computation of the amounts of initial or annual allowance to be claimed;

(c) a copy of the verification form submitted to EDB previously.

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