From the recent team discussion, due to raising rental cost in Singapore, your allowances will be increase by S$ 150.00 for those that rent from the open market.
For those that do not pay their rental directly to landlord, your allowances will be kept the same. Company will continue to bear the cost of living for you.
Within your payslip, this S$ 150.00 will be parked under bonuses.
This increase will be reflected in the month of September 2022's statement.
Do declare this as fixed allowances to Inland Revenue Authority of Singapore when doing any tax clearance.