New regulations came into force for employers and employees with the Law No. 7256 published in the Official Gazette, dated 17 Nov 2020, numbered 31307.
Important Points Regarding the Additional Employment Incentives as per the New Regulation
For those who benefit from unemployment benefits, long-term insurance premiums to be calculated for the period they benefit from the unemployment benefit will be covered by the Unemployment Insurance Fund, if they are employed within 90 days following their termination, work subject to uninterrupted service contract for 12 months and make a request.
The President has been authorized to extend the Employment Incentive practice of Young, Women and those with professional certificates until 31/12/2023.
The President has been authorized to extend the additional employment support in the provisional article 19 of the Unemployment Insurance Law until 31/12/2023.
The President has been authorized to extend the income tax withholding incentive and stamp tax support provided to private sector employers who provide additional employment in accordance with Law No. 7103 until 31/12/2023.
The effective date of the Tradesmen's ahi-order Fund application has been changed as 31/12/2023.
As known, with the "Regulation on the Amendment of the Regulation on the Procedures and Principles Regarding the Automatic Enrollment of Employees in the Pension Plan Through Their Employers", which entered into force on 7.12.2018, the points that employers should pay attention to in mandatory individual pension processes were explained.
According to these points, employers may have some obligations regarding automatic private pension plans as of 2021. (There is no need for any additional processing for employers who were previously included in the scope of Mandatory Private Pension Plan - automatic enrollment. These employers will continue their current Mandatory Private Pension Plans.)
You can find below the related explanations of these points below:
Short-term employment allowance, cash wage support / pandemic unpaid leave and termination ban due to Covid-19 reason has been extended until the below dates;
Short-term employment has been extended until 31 December 2020.