News

How to Calculate SGK Base?

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SGK base (also called as Earnings Subject to Premium) is the amount SGK and unemployment premium rates are applied. An employee may receive different type of payments along with his/her basic salary, such as allowances, bonuses and other fringe benefits. All these payments constitute the employee’s total earnings. EARNINGS SUBJECT …

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Tax Exempt Daily Allowance 2019/2

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Daily Allowance is the money paid to employees in daily basis while they are working away from their workplace whether within the same country or abroad. Tax exempt daily allowance amounts are determined by General Directorate of Budget and Fiscal Control in line with Travel Expense Law No.6245 twice a …

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Severance Pay Upper Limit 2019/2

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Severance pay upper limit is announced as 6.379,86 TRY for the second half of the year. This limit will be applied within the period between 1 July 2019 and 31 December 2019.As is known, qualified employee shall be paid a severance pay equal to last 30 days’ gross wages for …

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Late Payment Fee is Increased

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Late payment fee applied to public receivables is increased from 2% to 2,5% monthly (yearly 30%). Late fee (determent interest rate) is imposed in case of not paying in due dates. As per Presidential Decree 1266, published in the Official Gazette No. 30816, dated 26 July 2019, starting from 1st …

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Financial Holiday 2019

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Financial holiday is created by Law No. 5604, published in the Official Gazette No. 26476, dated 28 March 2007. The Law aims at giving a break for the accountants (public accountants, professional accountants, sworn-in certified public accountants) between 1 – 20 July every year. This year financial holiday stars at …

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Work Permit Fees Filed Abroad Will be paid in Turkey

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In a broad applications WP fees will be paid in Turkey by the employer. Applications for work permits can be made inside or outside Turkey. Foreigners residing abroad shall apply to the Turkish Consulates in their country of residence or of citizenship. In case the WP application is accepted as …

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Gender Discrimination in Employment

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Struggle for equality between women and men has a long history. Although social conditions of women are improved in the past decades, it seems that there is a long way to achieve a satisfactory state from the point of women, according to many international institutions including the United Nation and …

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How can You Take the Ramadan Feast 9 Days Holiday?

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This year holy Ramadan Feast will be observed between Tuesday, 4 June and Thursday 6 June, also Monday, 3rd of June is the eve of the feast and half day holiday. As per the Government announcement many of the public sector employees are allowed administrative leaves for Monday, 3rd June …

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