FWL
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An abbreviation for Foreign Worker Levy. It refers to the fee that employers in certain countries must pay when they employ workers from overseas. The levy is part of labor policy measures aimed at managing foreign workforce levels and supporting the employment of local citizens. It varies depending on industry, job type, and worker qualifications.
Foreign Worker Levy Rate
This refers to the specific amount an employer is required to pay per foreign employee. The rate can differ based on factors such as the employee’s skill level, the sector of employment, and how many foreign workers the company already hires. Countries may adjust these rates periodically to reflect changes in workforce demand or policy direction.
Foreign Worker Levy Tax Relief
In certain jurisdictions, businesses may be able to claim tax relief for the foreign worker levy as part of their operational costs. This relief can help reduce the financial burden of hiring overseas talent while still complying with national employment regulations. Eligibility for tax deductions depends on local tax laws and proper documentation of the levy payments.