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 …

Daily travel allowances for the second term of 2021 have been announced. These payments cover daily expenses of the employees on duty in the country or abroad and can be exempted from the income tax basis by taking into account the limits determined by the Turkish government. With the civil …

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 …

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 …

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 …

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 …

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 …

Will foreign nationals working in our country have the right to be vaccinated? Can vaccination appointments be made for temporary foreign personnel or expats who work in Turkey but are not under social security? There are two separate channels for vaccination-related appointments: making an appointment via e-Nabız or making an …

One of the side benefits provided to employees is food allowance.  While meals during workday can be offered directly to the employee as a cafeteria service, it can also be provided with different payment methods such as cash or meal cards/coupons/checks.  The change in the VAT rate of the meal …

The termination of the employment contract by employers was temporarily banned with the temporary Article 10 of the Labor Law No. 4857 due to the pandemic. The law is still in effect. The only exception to this temporary law is the reasons stated in the second clause of the Article …