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Frequently Asked Questions
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"faqMenuItems" : [{"order":0,"faqGroupTitle":"Land Betterment Charge","questions":[{"order":0,"question":"How will landowners/taxable persons benefit from this change?","answer":"Under the LBC regime, landowners/taxable persons will only need to liaise with a single agency, SLA, on matters pertaining to the computation and payment of LBC. Development parameters declared to URA will be automatically conveyed backend to SLA for the computation of LBC. If LBC is payable, SLA will follow up directly with landowners/taxable persons on the payment of LBC by issuing a LO.The treatment of leasehold properties will also be standardized under the LBC regime. The LBC payable for all State leases with a residual tenure of 99 years or less will be automatically adjusted by a leasehold factor to account for the remaining tenure of leasehold land."},{"order":1,"question":"Will developers be required to go through additional steps to obtain Written Permission from URA under the new LBC regime?","answer":"No, agencies have worked out a streamlined workflow for processing development applications and issuing Liability Orders for the payment of LBC such that there should be no increase to the time taken by developers to obtain Written Permission."},{"order":2,"question":"Under what circumstances is LBC payable?","answer":"LBC is a tax on the increase in land value resulting from a chargeable consent. Broadly, a chargeable consent may be given where: (a) URA grants planning permission and/or conservation permission for a development proposal; (b) URA accepts a lodgment of plans; and/or (c) SLA varies a restrictive covenant in a State title."},{"order":3,"question":"How much LBC is payable?","answer":"The principles for computing LBC remain unchanged from the previous DP and DC systems. LBC will be computed by either the Tables of Rates method or the Valuation method, where applicable. You may estimate the LBC payable by ascertaining the increase in land value, as a difference between the proposed use(s) and intensity and the pre-chargeable value, which takes into account the last authorised development of the land or any restrictive covenant expressed in a State title for the land. The use and intensity to determine development pre-chargeable value will be made progressively available for purchase via INLIS (https://app1.sla.gov.sg/inlis) after 1 July 2022."},{"order":4,"question":"Who is liable to pay LBC?","answer":"Under the LBC regime, every person who is an owner of the land when a chargeable consent is given is liable to pay LBC. However, another party other than the owner of the land (e.g. prospective purchaser or tenant operator) can assume liability to pay the LBC if a valid assumption of liability notice is given to SLA, or if liability to pay LBC has been deferred and the deferred liability is transferred to that other party with SLA’s approval."},{"order":5,"question":"I have submitted a development application to URA prior to 30 June 2022 but have not obtained PP; am I liable to pay LBC or DP/DC/TDL?","answer":"If the chargeable consent (e.g. planning permission, conservation permission) is granted on or after 1 July 2022 such that there is an increase in land value, LBC will be payable."},{"order":6,"question":"I have obtained PP prior to 30 June 2022 but have yet to apply to SLA for the payment of DP; can I opt to pay LBC under the new workflow?","answer":"You will automatically be charged LBC after you resubmit for PP based on the updated workflow in Appendix 4."},{"order":7,"question":"What happens if I have applied to SLA for the payment of DP prior to 30 June 2022, but I have not received the DP offer?","answer":"Where applicable, DP offers will be issued for applications that are outstanding as of 30 June 2022."},{"order":8,"question":"How will outstanding DC cases be transitioned to the new LBC regime?","answer":"All outstanding DC/TDL orders pending payment as of 30 June 2022 will be treated as liability orders under the LBC Act. During the transition period, URA will collect payment for the outstanding DC/TDL orders on SLA’s behalf to facilitate the release of planning permission."}]}]
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