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 …
Read More »2018 MINIMUM WAGE SUPPORT
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; …
Read More »EFFECTIVE DATE OF SOCIAL SECURITY AGREEMENT BETWEEN TURKEY AND HUNGARY
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 …
Read More »Cross-Border Transfer Of Personal Data – Part I
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 …
Read More »TERMINATION DUE TO DEATH OF EMPLOYEE
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 …
Read More »Withholding Tax And Monthly Premium Service Document Application Postponed To 1 October 2018
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 …
Read More »Regulation On Data Controller Registry Issued
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 …
Read More »NOTICE PAY AND JOB SEEKING LEAVE
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 …
Read More »MEAL ALLOWANCE AND OTHER BENEFIT IN KINDS DURING RAMADAN
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 …
Read More »WORK PERMISSION FOR GUEST STUDENTS
President Erdoğan, speaking in an ınternational student gathering last week, announced that all guest students will be granted work permit, and they can renew the residence permits in their permit own universities. Also they can get their general health insurance without waiting three months. Erdoğan point out that there are …
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