Recent Posts

Insurance Premium Deferral in Fire Zones

Insurance Premium Deferral in Fire Zones

After the fire disaster, it was announced through the media that an arrangement would be made to postpone the insurance premium payments of the workplaces in the region. The expected regulation was made with the General Letter published by SGK on August 9th, 2021. The wildfires started simultaneously in many …

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2021 Minimum Wage Support

2021 Minimum Wage Support

Introduced back in 2016 due to the increase in minimum wage, Minimum Wage Support aims to reduce the labor costs of employers and increase employment. Minimum Wage Support is here to stay for the rest of the year. The temporary 85th article was added to Law No. 5510 regarding minimum …

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VAT Discount Period on Meals Has Been Extended

VAT Discount Period on Meals Has Been Extended

The VAT rate was reduced from 8% to 1% with the discount introduced last summer. This discount will continue to apply. The reduced VAT application in food expenditures, which is expected to end on July 31, was extended again with the Presidential Decision No. 4312 published in the Official Gazette …

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New Arrangement in 5-Point Treasury Discount

New Arrangement in 5-Point Treasury Discount

The criteria for the 5-point treasury discount have been changed. This discount from which most employers have benefited is a 5% discount on the insurance premiums that the employer is obliged to pay for each insured employee as long as the employer reported and paid the premiums on a regular …

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