Turkey, on one hand, trying to attract qualified foreign professionals and investors to create an economy producing goods with high added value and increase the domestic savings, and on the other hand, struggling to cope up with the inflow of refugees in huge numbers from the troubled neighbors, has introduced …
Read More »Government Support for Interns Extended
Government support provided from Unemployment Fund for the employers of interns will continue during 2017-2018 school year. As is known apprentices, candidate apprentices and students in vocational high schools, and students having vocational and technical training in the universities or higher education institutions who are deemed in the scope of …
Read More »Statute of Limitation Decreases to Five Years on Severance Payment
Period of limitation for annual leave wage, severance pay, notice pay, bad faith compensation and compensation for terminating employment contract against equal treatment principle will be 5 years, as per the “Law on Labor Courts No. 7036” issued in Official Gazette, numbered 30221, dated 25 October 2017. Statute of …
Read More »ARBITRATION BECOMES COMPULSORY IN LABOR DISPUTES
Employees and employers shall resort to arbitrator in the first place instead of litigation process for their labor disputes and conflicts, as per the “Law on Labor Courts No. 7036” issued in Official Gazette numbered 30221, dated 25 October 2017. The also called “mandatory mediation” aims at lessening the heavy …
Read More »PAYMENT DATE OF UNEMPLOYMENT SALARY CHANGES
Unemployment salary that is paid at the end of each month will be paid at the 5th day of the month in case the “Bag Law” gets into force in the following weeks. Intending to prevent inappropriate payments Article 50 of Law on Unemployment Insurance No. 4447 will be changed …
Read More »REGISTERED ELECTRONIC MAIL OBLIGATION IN WORK PERMIT APPLICATION
Work permit applicants will be required “Registered Electronic Mail Address (KEP-Turkish acronym)” during their work permit application. In the announcement of Ministry of Labor and Social Security, General Directorate of International Labor Force, dated 25 October 2017, it is stated that renewal of Work Permit Application System is about to …
Read More »Paid and Unpaid Leaves in Turkey
Leaves with pay and unpaid leaves are always mixed up. We will try to enlighten you on the matter briefly. LEAVE WITH PAY /PAID LEAVES Leave of absences arranged in provisional article 2 of Labor Law 4857 are as follows; Marriage Leave: 3 days in the event of employee’s marriage, …
Read More »Turkey to Continue with Summer Time All the Year Round
While most of the European countries, as well as some other countries of the world are preparing to set their clocks 1 hour back on Sunday, 29 October 2017, Turkey will remain in Summer time-DTS. After a cabinet decree, dated 8 September 2016, summer time, which is also called DTS …
Read More »Taxable Income Brackets Will Not Change in 2018
Based on Finance Minister’s last week announcement we had informed you that the tax rate applied to 3rd income bracket will be increased to %30 from %27 in 2018. However, during the discussion in the General Assembly this arrangement has been removed from the draft law (Draft law on Amending …
Read More »Calculation According to New Taxable Income Brackets
We informed you that; starting from 2018, income tax rate that applied to 3rd taxable income bracket will be increased from 27% to 30%. Withholding tax amount applied on the wages is calculated by taking into consideration the cumulative income tax base during the year.
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