Singapore legislation
Regulation 8
Regulation 8
Calculation of monthly and daily rates of levy
The levy payable by an employer in respect of any S pass holder or work permit holder of his shall be —
(a)
where the S pass holder or work permit holder has completed a full month of employment, the levy payable under this Part for that worker for that month; or
(b)
where the S pass holder or work permit holder is employed for less than a full month, an amount calculated in accordance with the following formula:rounded up to the nearest cent.