2019 Legal Parameter Changes

• Income Tax Exempted Food Allowance
• Disablement Degree Discount
• Income Tax Brackets of 2019
• Stamp Tax Rate

Income Tax Exempted Food Allowance

Meal allowance tax exemption amount that is applied as of 1st January 2019 was announced in 305 serial numbered Income Tax General Communique on 31.12.2018 dated and 30642 numbered 3rd bis Official Gazette. According to this communique, meal allowance which is provided by the employer outside of the workplace and workplace outbuildings as defined in the (8)th clause of Article 23 of Income Tax Law, exemption amount is defined as 19.00 TL to be applied for 2019 calendar year.

Disablement Degree Discount

Disability tax discount amounts which are applied as of 1st January 2019 come into force with publication of 305 serial numbered Income Tax General Communique published on 31.12.2018 dated and 30642 numbered Official Gazette.

According to this communique, disability tax exemption which is defined in the Art. 31 of the Income Tax Law, as follows;

1. First Degree Disablement Discount 1.200 TL
2. Second Degree Disablement Discount 650,00 TL
3. Third Degree Disablement Discount 290,00 TL

Income Tax Rates of 2019

Income tax rates that are used in salary calculations as of 1st January 2019 is entered into force by the publication of 305 serial numbered Income Tax General Communique on 31.12.2018 dated and 30642 numbered Official Gazette.

According to this update,

Stamp Tax Rate

The new stamp tax amount which will be applicable to declarations is published on the Stamp Tax Law General Communique with 63 serial number on the Official Gazette numbered 30642, dated 31.12.2018, and is as shown below:

1. Stamp tax amount of Social Security Declaration is 35,70 TL
2. Stamp tax amount of Withholding Tax Declaration is 48,00 TL

Please contact your customer representative for additional information and requests regarding above matters.