Global Trade Alert

On 21 February 2011, the government of Singapore published the details for announced changes to its foreign workers levy schedule.
 
According to the released schedules, monthly levies on workers depending on occupation are set to rise semi-anually until July 2013. Among the changes are:

1. The average monthly levy per S Pass holder shall increase by $240. The tier for benificial levy treatment shall be halved.
2. The average monthly levy for construction workers shall rise by $320. Also a skill-dependent levy scheme shall be introduced in July 2011.
3. The averagy monthly levy for service sector workers shall increase by $260 and a tightening of beneficial levy tiers is intended.
4. Employees in the manufacturing sector will see an average increase in their monthly fee by $130. Also, levy tiers shall be tightened.
5. Companies with a higher foreign workforce ration shall in general pay higher average levies per individual foreign worker.

The first increase in levies has taken place as of 1 December 2011.