Jobs

Fortitude Budget: Foreign Worker Levy Waiver And Rebate To Be Extended For Up To 2 Months

Jobs would be a key part of the fourth Covid-19 support package, including support for people to learn and upskill, and creating new jobs.

As part of the Jobs Support Scheme announced in the Fortitude Budget, for businesses that have to remain closed after circuit breaker is lifted, the government will be extending foreign worker levy waiver and rebate for up to two months.

Waiver will be 100% in June and 50% in July and rebate will be $750 in June and $375 in July, as announced by Deputy Prime Minister and Minister of Finance, Heng Swee Keat in Parliament on May 26.

This will include all businesses in the construction, marine and offshore, and process sectors.

Featured Image Credit: Foreign Policy

Subscribe to Vulcan Post Newsletter

Stay updated with our weekly curated news and updates.
 
Read more about our privacy policy here.