Claiming Allowances

Capital Allowances

Check what qualifies for capital allowances and how to claim it for the wear and tear of qualifying fixed assets.

Writing-Down Allowances for Intellectual Property Rights (IPRs)

Check what qualifies for writing-down allowances for IPRs under Section 19B of the Income Tax Act.

Mergers & Acquisitions (M&A) Allowance

Check what qualifies for M&A allowance when a Singapore company acquires ordinary shares of another company.

Land Intensification Allowance (LIA)

Check what qualifies for LIA and how to claim qualifying capital expenditure incurred on the construction of a qualifying building or structure.

Industrial Building Allowance (IBA)

Check what qualifies for IBA on the capital expenditure incurred before 23 Feb 2010, on the construction or purchase of industrial buildings or structures. Exceptions may apply under the transitional rules.