Severance pay upper limit is announced as 5.434,42 TRY/Year for the second half of the year. This limit will be applied within the period between 1 July 2018 and 31 December 2018. The monthly earnings exceeding this limit will not be taken into account in the calculation of total severance …

2018 monthly net minimum wage will not get lower than 1.603,12 TRY. Any decrease due to the shift on taxable income brackets will be compensated by an increase in Minimum Living Allowance (AGİ). In Turkey, tax rates are applied by taken the cumulative income as a base. As a result …

The daily amount of earnings subject to premium that will be taken as a base in the minimum wage support is increased from 110,00 TRY to 120,00 TRY. Also the base amount is increased from 164,70 TRY to 180,00 TRY in the unionized workplaces. Also, as per SSI Circular 2018/20; …

Effective date of Social Security Agreement between Turkey and Hungary is determined as 1st April 2018. As we informed you before, Social Security Agreement between Turkey and Hungary signed in Budapest on 24 February 2015 had been accepted in Parliament and the related Law No. 6961 had been published in the …

The minimum particulars that must be included in the agreements between transferor (resident in Turkey) and receiver of personal data transferred between countries that have not adequate level of protection are issued in Personal Data Protection Board (The Board) website on 16 May 2018. TRANSBORDER TRANSFER OF PERSONAL DATA As …

In case of death of an employee the employment contract will be terminated automatically. As a consequence of employee’s death there will be three type of payment. 1. FUNERAL BENEFITFuneral benefit is a lump-sum payment made to the right holders of the insurance holder who deceased when;– receiving incapacity income …

We informed you that “Withholding Tax and Monthly Premium Service Document” application will start as of 1st of July 2018; however the start date is determined as 1st October 2018 by the Finance Ministry’s General Communique issued in Official Journal number 30435, dated 29 May 2018. As is known, it …

The Regulation on Data Controller Registry has been published in Official Journal numbered 30286, dated 30 January 2017. As is known, according to Law on The Protection of Personal Data, No. 6698 all natural and legal persons, collecting, processing and transferring personal data are deemed as “Data Controller” and shall …

  As per article 17 of Turkish Labor Law 4857, both employee and employer can terminate an open-ended employment contract, provided that required notice period is given to other party. In case fixed-term employment contract is concluded only for a defined period of time (with a specified end date) there …

This year’s holy fasting month of Ramadan has started on May 16; and like previous years we are having questions about meal allowances and other benefits provided in Ramadan. While fasting employees are fasting and not having lunch, some employees are not fasting and continue to have their lunch during …