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Singapore Budget 2007
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Reducing the Foreign Worker Levy

 

5.17 To help companies save costs, I will lower the second tier foreign worker levy for the manufacturing and services sectors from $310 to $280 with effect from April 2007. This will cost the Government about $1 million a year. The Minister for Manpower will also be announcing other measures to facilitate access to manpower in the construction sector and certain other industries that are growing very rapidly.

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    ANNEXES
      ANNEX A : Budget 2007 Tax Changes
      ANNEX B : CPF Restructuring for Low-wage Workers and Workfare
      ANNEX C : SME Rebate Scheme
      ANNEX D : New Customs and Excise Duties for Beer and Stout
      ANNEX E : Impact of GST Offset Package on Households
      ANNEX F : Budget for FY2006 and FY2007
 
 
 
   
     
 
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