SINGAPORE will increase foreign worker levies for basic skilled work permit holders in the construction industry in 2016, Tharman Shanmugaratnam, Deputy Prime Minister and Minister for Finance, said on Friday.
In July 2016, the levy for basic skilled or R2 work permit holders employed within man-year entitlement will be raised from S$600 to S$700.
“We are announcing this change in the construction sector two years in advance because of the significant pre-planning needed in such projects,” Mr Tharman told parliament.
The levies for higher skilled or R1 work permit holders will be unchanged. This is to further encourage construction firms to opt for more skilled foreign workers, he said.
source: businesstimes.com.sg
