Business in Turkey

You can find payroll parameters valid for 2021 1st term the below: 2021 PAYROLL PARAMETERS 01.01.2021 – 30.06.2021Daily Gross Minimum Wage119,25  Monthly Gross Minimum Wage3.577,50Monthly Net Minimum Wage – with AGİ2.825,90Monthly Net Minimum Wage – without AGİ2.557,59  Daily Premium Based Earning /SGK Base119,25Daily Premium Based Earning /SGK Ceiling894,38Monthly Premium Based Earning /SGK Base3.577,50Monthly …

2021 Income Tax Tariff Other payroll parameters along with the minimum wage are announced. The most important of these, which directly affects the wages, is the tax rates. The income tax tariff with tax brackets is re-determined every year. Changes in Tax Tariff There was a significant change in the …

2021 Minimum Wage – Cost to the Employer With the determination of the minimum wage, the 2021 labor costs of the employers have also emerged. Although the minimum wage is an important cost element for the employer, it often directly affects both the new year increase rates of employees and …

Towards the end of the year the announcement of the new year’s minimum wage is a highly anticipated announcement. The minimum wage does not only concern minimum wage earners but it is also a parameter that concerns those whose wages are slightly above the minimum wage and all other employees …

Due to the compelling reason within the scope of temporary measures against the pandemic, the short work application period has been extended by the President’s decree, until December 31st, 2020. One of the most important measures taken by the Turkish government against the pandemic was the short-time work allowance. For …

With the temporary regulations to fight the pandemic, employers are given the authority to start and terminate the unpaid leave. These temporary regulations keep being extended as the pandemic continues. For example, the prolonged termination ban causes the employee’s employment contract to be suspended for months with cash wage support. …

In order to reduce the traffic at the public hospitals and healthcare institutions, the Ministry of Family, Labor and Social Services has extended the validity of the medical reports of the disabled until 1 January.  In which Operations will Expired Reports be Valid? The Minister has a verbal statement regarding …

During the pandemic, quite a few provisional legislations related to business life came into effect. While some were implemented before such as short-time work allowance, others such as cash wage support were implemented first time during the Covid period. The most recent and most comprehensive legislation is the omnibus law, …

Exit codes are codes indicating the reasons of employment contract terminations of the employees in the SSI system.  Why Does the Exit Code Matter? Correct determination of SSI exit codes is very important for both employer and employee rights and obligations. These codes determine which rights employees will have or …

General health insurance (GSS) is an insurance that covers all employees as well as the whole society, including those who do not work or have no income. Everyone must be covered by general health insurance in order to receive treatment in public hospitals and benefit from the health benefits offered …