{"id":123932,"date":"2021-12-22T02:21:49","date_gmt":"2021-12-21T19:21:49","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-worker-levy-rebates-waiver-for-some-employers-extended-until-march-2022\/"},"modified":"2021-12-22T11:15:37","modified_gmt":"2021-12-22T04:15:37","slug":"foreign-worker-levy-rebates-waiver-for-some-employers-extended-until-march-2022","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-worker-levy-rebates-waiver-for-some-employers-extended-until-march-2022\/","title":{"rendered":"Foreign worker levy rebates, waiver for some employers extended until March 2022"},"content":{"rendered":"


\nAbout 15,000 firms will benefit from the foreign worker levy rebates\u00a0which have been extended until March 2022.
\nSome of the employers in Singapore will have a reason to cheer as foreign worker levy rebates and waivers are extended into next year amid the continuing effects of the pandemic.
\nThe $250 foreign worker levy rebate for all work permit holders in the construction, marine shipyard and process (CMP) sectors, which was due to expire this month, will be extended until March 2022, reported Channel News Asia (CNA) citing the Ministry of Manpower (MOM).
\nThe government introduced the levy rebate in 2020 to help the CMP sectors tide over the challenges brought by the COVID-19 pandemic.
\nHowever, these sectors continue to face increased costs and significant manpower shortages due to the evolving COVID-19 situation, said MOM. It noted that about 15,000 firms are expected to benefit from the extension.
\nMOM advised employers to use the rebate to bring in work permit holders coming from lower-risk countries and to retain existing workers.
\nThe government will review the situation \u201ccloser to March 2022\u201d if there is a need for further extension, it added.
\n\u201cThe inflow of CMP workers in recent weeks has picked up,\u201d said MOM as quoted by CNA.
\n\u201cWe encourage firms to press on with longer-term productivity improvements to become more manpower-lean and resilient against future manpower disruptions.\u201d
\nMOM is also extending the waivers of foreign worker levies for all migrant workers, including domestic workers, during their stay-home notice upon entry into Singapore and residential onboarding programme at migrant worker onboarding centres.
\nThe waiver, which is due to expire this month, will be extended until December next year.
\nThe move is targeted at helping employers manage the cost relating to border measures and safeguards.
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…Foreign worker levy rebates, waiver for some employers extended until March 2022<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

About 15,000 firms will benefit from the foreign worker levy rebates\u00a0which have been extended until...<\/p>\n","protected":false},"author":1,"featured_media":123933,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/construction-workers-singapore.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-weU","jetpack-related-posts":[{"id":118012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/extend-waiver-on-foreign-worker-levies-say-subcontractors\/","url_meta":{"origin":123932,"position":0},"title":"Extend waiver on foreign worker levies, say subcontractors","date":"July 29, 2020","format":false,"excerpt":"\r Construction industry subcontractors have urged the government to extend the waiver of foreign worker levies as they face uncertainties over workers and payments. 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