Fortitude Budget: Foreign worker levy waiver and rebate extended to June and July

Sharon See

Published Tue, May 26, 2020 · 08:01 AM

BUSINESSES that cannot resume operations on-site immediately after the "circuit breaker" will be entitled to a further two months' worth of waivers and rebates on their foreign worker levies, Deputy Prime Minister and Finance Minister Heng Swee Keat said on Tuesday.

This applies to all businesses in the construction, marine and offshore, and process sectors, Mr Heng said in Parliament.

He was delivering the Fortitude Budget, the government's fourth economic rescue package as Singapore battles the Covid-19 pandemic.

The waiver will be 100 per cent in June and 50 per cent in July, while the rebate will be S$750 in June and S$375 in July.

The waiver and rebate had been provided to support businesses employing migrant workers that had to suspend operations during the "circuit breaker" period.