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The government has set aside $320 million to further extend the foreign worker levy (FWL) rebates to support firms in the Construction, Marine Shipyard and Process sectors. Companies will be continued to be exempted from paying full or part of the foreign worker levy(FWL) until December 2020.
Employer will receive a $750 FWL rebate per S Pass and Work Permit holder for June, and a $375 FWL rebate per S Pass and Work Permit holder for July as part of the Fortitude Budget. The $375 FWL rebate will be extended until September 2020.
Employers who have paid the 50% levies originally due in July will have the amount refunded to them. They will also provide a full FWL waiver for levies due in August and September 2020.