Withholding and Premium Service Declaration
Withholding and Premium Service Declaration
Withholding and Premium Service Declaration will be in force in Türkiye as of 1 July 2020.
Withholding and Premium Service Declaration will be in force in Türkiye as of 1 July 2020.
Coronavirus (Covid-19), which has become the common agenda of everyone all over the world, also impacted the business world from various points. Most companies have shifted to remote working with consideration of both the health of their employees and to help prevent further spread of the virus. So, how well are employers and employees are aware of the risks that remote working can lead to in terms of companies' privacy, security and confidentiality processes?
Short Term Employment Allowance is an application that enables employees to receive allowance from İŞKUR (Türkiye Employment Agency) for the period they are not working, due to temporary reducing or ceasing of working hours in the workplace. The allowance is granted to the workplaces upon their applications for the period of 3 months. However, with a Presidential Decree, the period can be extended up to 6 months.
According to the general communiqué no: 311 which has been published by the Revenue Administration Directorate on 27.05.2020 explanations regarding taxation of salaries are as follows: