Budget 2015: Foreign Domestic Worker Concessionary Levy To Be Reduced From May 2015

Budget 2015

Good news for employers of foreign domestic workers who are paying the concessionary levy!  The government has just announced that it will reduce the concessionary levy by half from $120 a month to just $60 a month!  Not only that, it has relaxed one of the criteria – the requirement for a children below 12 is now raised to below 16.  This will mean that more families will be able to enjoy the concessionary levy!

The new levy rate will apply starting in May 2015.

Read More:

http://www.straitstimes.com/news/singapore/more-singapore-stories/story/singapore-budget-2015-concessionary-rate-foreign-domesti