Income Tax (Land Intensification Allowance) Regulations 2012

the gross plot ratio of the building or structure —

meets the relevant gross plot ratio benchmark for the trade or business specified in the First Schedule; or

if the gross plot ratio of the building or structure already meets or exceeds the relevant gross plot ratio benchmark mentioned in sub‑paragraph (i) before the start of the construction or renovation, is at least 10% more than its gross plot ratio before the start of the construction or renovation; and

at least 80% of the total floor area of the building or structure is used by any one person or partnership for the trade or business.

Column A of the First Schedule where the application for planning permission or conservation permission is made to the competent authority in accordance with the Planning Act 1998 during the period from 23rd February 2010 to 31st July 2013 (both dates inclusive); and

Column B of the First Schedule where the application for planning permission or conservation permission is made to the competent authority in accordance with the Planning Act 1998 on or after 1st August 2013.

the trade or business is a trade or business specified in the First Schedule; and

following the construction or renovation of any building or structure on the land, the trade or business —

is the principal trade or business of any one person or partnership; and

is the principal trade or business that will be carried on at the building or structure by that person or partnership.

where the application for planning permission is made before 15 December 2017, a trade or business specified in the First Schedule;

where the application for planning permission is made on or after 8 March 2017 but before 15 December 2017, a trade or business specified in the First Schedule, or any of the following trades or businesses carried out in an integrated construction and prefabrication hub:

prefabrication of individual components (such as precast columns, beams, staircases);

prefabrication of integrated sub‑assemblies (such as prefabricated bathroom units and prefabricated mechanical, electrical and plumbing systems); (iii)prefabrication of fully integrated assemblies (such as prefabricated and prefinished volumetric construction); (c)where the application for planning permission is made on or after 15 December 2017 but before 1 January 2026, a trade or business specified in the Second Schedule; or

where the application for planning permission is made on or after 1 January 2026, a trade or business specified in the Third Schedule.

meets the gross plot ratio benchmark for that trade or business; or

if the gross plot ratio of the building or structure before the start of the construction or renovation already meets or exceeds the gross plot ratio benchmark mentioned in sub‑paragraph (a), the as‑built gross plot ratio of the building or structure is at least 10% more than the gross plot ratio before the start of the construction or renovation.

in the case of an application mentioned in paragraph (1)(a), the ratio set out in Column B of the First Schedule for that trade or business; (b)in the case of an application mentioned in paragraph (1)(b), the ratio set out in Column B of the First Schedule for that trade or business, or 1.6 for any of the following trades or businesses carried out in an integrated construction and prefabrication hub:

prefabrication of individual components (such as precast columns, beams and staircases);

prefabrication of integrated sub‑assemblies (such as prefabricated bathroom units and prefabricated mechanical, electrical and plumbing systems);

prefabrication of fully integrated assemblies (such as prefabricated and prefinished volumetric construction); (c)in the case of an application mentioned in paragraph (1)(c), the ratio set out in the Second Schedule for that trade or business; or

in the case of an application mentioned in paragraph (1)(d), the ratio set out in the Third Schedule for that trade or business.