What is foreign worker levy in Singapore?

How much is foreign worker levy in Singapore?

Levy Rates For S Pass & Work Permit For All Sectors

Sector / Pass Types Tier Levy Rates ($) (R1 / R2)
Process Work Permit (WPH) Basic Tier $300/$450
MYE-Waiver $600/$750
Services Work Permit (WPH) Basic Tier $300/$450
Tier 2 $400/$600

How much do you pay a foreign worker levy?

As at December 2020, the foreign workforce in Singapore numbered about 1.2 million.

Foreign Worker Levy For S Pass Holders.

Sector Levy Rate (Monthly)
Services $330 – Tier 1 (Up to 10% of total workforce)
Manufacturing $330 – Tier 1 (Up to 10% of total workforce) $650 – Tier 2 (Above 10% to 20% of total workforce)

How is foreign worker levy calculated?

There are no levy tiers for the construction, process and marine shipyard sectors.

  1. Levy tiers. Manufacturing sector. Services sector.
  2. Tier 1. T1 = 25% x total workforce. T1 = 10% x total workforce.
  3. Tier 2. T2 = (50% x total workforce) – T1. …
  4. Tier 3. T3 = No. …
  5. 1st: S Pass holders. 2nd: Higher-skilled WP holders.

Who should pay foreign workers levy?

You are limited by a quota for your industry and must pay the monthly foreign worker levy for each Work Permit holder you employ. Find out your sector’s quota and levy requirements.

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What is the foreign worker levy used for?

The foreign worker levy, commonly known as “levy”, is a pricing mechanism to regulate the number of foreigners in Singapore. The levy liability will start from the day the Temporary Work Permit or Work Permit is issued, whichever is earlier. It ends when the permit is cancelled or expires.

How do I check my levy in Singapore?

To check:

  1. Log in to your Corppass account.
  2. Go to assigned eServices tab. You should see Check and pay levy, and Work Permit transactions for domestic helpers and confinement nannies listed as your assigned eServices.

What is levy fee?

Rates, taxes and levies are fees paid to the authority that services your property such as a body corporate or municipality. These fees are dependent on your property type and are paid to the authority which services your property such as a body corporate or municipality.

Is levy paid monthly?

Rates, taxes and levies are monthly costs that the Body Corporate and local Municipality charge in order to fund the services they provide.

What is monthly levy rate?

The levy is a monthly instalment paid by sectional title unit owners which facilitates the efficient day-to-day maintenance and management of the communal property of a Sectional Title Scheme.

What is foreign worker levy rebate?

The Government will be providing a higher Foreign Worker Levy (FWL) rebate for the Construction, Marine Shipyard and Process ( CMP ) sectors. From May to December 2021, the FWL rebate for each Work Permit Holder in the CMP sectors will be increased from $90 per month to $250 per month.

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How can foreign workers levy be reduced?

Upgrading your worker to higher-skilled status will reduce your levy bill.

The requirements your worker must meet to be on the higher-skilled levy rate are different for each sector:

  1. Construction.
  2. Manufacturing.
  3. Marine shipyard.
  4. Process.
  5. Services.