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Severance Pay Ceiling for 2021 2nd Term Announced

Severance Pay Ceiling for 2021 2nd Term Announced

The Seniority Based Salary Ceiling valid between 01.07.2021 and 31.12.2021 has been determined as 8,284.51 TRY. As of July 1, the severance pay to be calculated for the employees who have been terminated and deserved severance pay should be calculated considering the seniority ceiling determined as 8,284.51 TRY. Despite being …

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Family-Child Benefit Income Tax Exemptions for the Second Half of 2021

Family-Child Benefit Income Tax Exemptions for the Second Half of 2021

With the civil servant salary hike, the payroll parameters concerning the second half of the year have also been determined. Employers who give monthly family allowance and/or child allowance/increase payments to their employees can deduct these benefits from income tax and PEK base within certain limits when preparing payroll. New …

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When will the Covid-19 supports end?

When will the Covid-19 supports end?

Short-term work allowance, cash wage support, unpaid leave and  termination ban are among the measures that were introduced by the Turkish government to fight against the socio-economic impacts of the pandemic. With the acceleration of the vaccination process and the decline in hospitalized cases, pandemic support is ending one by …

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2021 Fiscal Holiday Begins

2021 Fiscal Holiday Begins

The fiscal holiday is of importance for professionals in the field of accounting and payroll, as the government agencies’ notification deadlines change. The Fiscal Holiday in 2021 will start on July 1 and end on July 20 (the day included). As the last day, if the legal and administrative obligations …

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Is a Vaccination Appointment Considered a Leave?

Is a Vaccination Appointment Considered a Leave?

Since the start of the pandemic, the vaccination process has been managed within the scope of the “Covid-19 Vaccine National Implementation Strategy” determined by the Ministry of Health with the recommendation of the Scientific Committee. It is aimed that the vaccination process, which primarily covers health workers and those over …

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