According to the 27998389 - 010.06.02-13659 numbered Circular published by the Ministry of Treasury and Finance on 06.01.2020 with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a public officers have been revised effective 01.01.2020.
Details on the above-mentioned subject are outlined below.
A) Income Tax Exempted Severance Pay
The following values have been calculated taking these coefficients into account and shall be applied for the period between the dates of 01.01.2020 – 30.06.2020 maximum severance pay to be exempted from income tax is determined as 6.730,15.- TL.
B) Income Tax Exempted Child Support
The following values have been calculated taking these coefficients into account, and shall be applied for the period between the dates of 01.01.2020– 30.06.2020 monthly child support to be exempted from income tax is;
Decision (“Decision”) of the Combining Case Law General Assembly of the Supreme Court dated 08/03/2019, numbered E: 2017/10, K: 2019/1, has been published on the 18.07.2019 dated Official Gazette.
According to the 27998389 - 010.06.02.205248 numbered Circular published by the Ministry of Treasury and Finance with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a public officers have been revised effective 01.07.2019.
A Decision of Joint Chambers of the Supreme Court (the “Decision”) with 2017/9 E. and 2018/10 K. Numbered, has been published on the 09.05.2019 dated and 30769 numbered Official Gazette.