According to the circular numbered 27998389-010-06-02-6235 released by the General Directorate of Budget and Fiscal Control on 03.07.2015 with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a civil servant have been revised effective 01.07.2015.
The following values have been calculated taking these coefficients into account, and shall be applied for the period between the dates of 01.07.2015-31.12.2015;
Monthly child support to be exempted from income tax is;
According to the circular numbered 27998389-010-06-02-6235 released by the General Directorate of Budget and Fiscal Control on 03.07.2015 with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a civil servant have been revised effective 01.07.2015.
The following values have been calculated taking these coefficients into account, and shall be applied for the period between the dates of 01.07.2015-31.12.2015;
Maximum severance pay to be exempted from income tax is 3.709,98.- TL,
Employers have a number of different declaration obligations under Turkish Labour laws and regulations. This article provides an overview of such common obligations.
6645 enumerated 'Law amending Work Place Health and Safety and other laws and enactments' has been published in the Reiterated Official Gazette on 23/04/2015 and entered into force on the date of publishing. With the Bill Omnibus, which includes 89 articles, many regulations, including Labour Law, Social Security and Income Tax have been subject to important changes. This article consists of briefing on the most significant amendments concerning employees and employers.