Tax exemption for crèche and day care center services provided outside the workplace has been increased up to 50% of monthly minimum wage.
Read More »Tax and SSI Premium Debts to be Restructured
Many of the public receivables, accrued before 31 March 2018, related to taxes and social security premiums, and subsidiary receivables associated with them will be restructured. After Turkish PM Yıldırım has announced his government’s economic package that contains social reforms and restructuring of some public receivables including SSI premiums and …
Read More »Combined SSI and Tax Declaration Starts on July
We would like to remind you that, starting from 1st of July 2018, withholding tax returns and SSI e-declarations will be combined in a single form under the name of “Withholding Tax and Monthly Premium Service Document” and submitted only to the tax offices until the 23rd of the following …
Read More »No Missing Day Document Submitted to SSI
In missing day declarations employer’s statement will be taken as basis. Starting from March declaration period there will be no obligation of submitting (EK: 10) form and documents. As is known, the workplaces with less than ten employees were under the obligation of submitting (EK: 10) form together with …
Read More »Minimum Wage of Foreign Employees
Minimum wage to be paid to Foreigners employed with work permit is determined by Labor and Social Security Ministry according to their positions and competence. As is known minimum wage for Turkish citizens are determined by a special committee. However the salary of a foreign employee cannot be less than …
Read More »Is There Any Premium Support for Cultural Investments and Initiatives?
Yes, the Law on the Encouragement of Cultural Investments and Initiatives No. 5225 provides SSI premium support for Establishments that have “Culture Investment License” and “Culture Initiatives License” As per the article 5 of above said law, * 50% of the employer’s SSI premium share calculated over the earnings of …
Read More »Last submission date of March 2018 declarations will be 24th April
As is known SSI e-declarations should be submitted to SSI until the end of 23rd of the following month. In case the last submission date coincides with weekends and public holidays the declaration can be submitted on the next working day. As April 23 is the National Sovereignty and Children’s …
Read More »Electronic Signature Required In New Work Permit Application System
Work permit application system of foreigners is renewed and the new system has come into service as of 26th February 2018. According to announcement in Ministry of Labor and Social Security’s website the following points should be taken into consideration.
Read More »Tax Exemption For Crèche And Day Care Center Services
Crèche and day care center services provided for working mothers’ preschoolers will be exempt from income tax. In other words these benefits, up to a point, will not be considered part of the wage and no withholding tax applied. In case this service is not provided in the workplace, payment …
Read More »Retrospective Benefiting from Incentives is Possible! Apply until 31st May 2018
Omniums bill (colloquially known bag law) No. 7103, issued in Official Gazette No. 30373, dated 27th March 2018, gives the opportunity to benefit from missed incentives retrospectively. In recent years Turkish government has launched many premium incentives and supports for encouraging businesses to create new employment. In the past many …
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