Singapore legislation

Section 3

of Skills Development Levy Act 1979

Section 3

Imposition of levy

(1)

Subject to the provisions of this Act, every employer must, in respect of each of the employer’s employees, pay a skills development levy of the greater of the following amounts:

(a)

subject to subsection (2), an amount calculated at the rate of 0.25% of the remuneration in any month of that employee or such rate as the Minister may, by notification in the Gazette, prescribe;

(b)

$2.

(2)

For the purpose of subsection (1)(a), the levy is not chargeable on the part of the remuneration of the employee in any month that exceeds $4,500 or such other amount as the Minister may, by notification in the Gazette, prescribe.

(3)

The levy must be collected and paid in respect of the month of October 1979 and every subsequent month.

(4)

Without prejudice to any other remedy, the levy may be recovered as a debt due to the Agency from the person accountable for the levy.

Read in full context — Skills Development Levy Act 1979 →