One of the most important rights of the workers is the severance pay if the necessary conditions are met. The most important condition for severance is that the employee has worked for at least 1 year under the employer and the employment terminates due to reasons that deserve severance pay. …
Read More »2022 Child-Family Assistance Exception
Payments such as Family Assistance, Child Allowance, Child Benefit, which are among the rights provided to public employees, are frequently encountered in private sector workplaces. Family and child benefits can also be included in public economic enterprises, collective bargaining agreements and other employment agreements transferred to the private sector. Employers …
Read More »Severance Pay Ceiling – 2022/1st Term
Severance Pay Ceiling – 2022/1st Term One of the most important rights of the workers is the severance pay if the necessary conditions are met. The most important condition for severance is that the employee has worked for at least 1 year under the employer and the employment terminates due …
Read More »2022 Tax Deduction Amounts for the Disabled
Employees who, themselves, their spouses or one of their dependent children are disabled, have the right to a deduction from the income tax base depending on their degree of disability. Employees (or their spouses and children) with at least 40% disability can benefit from this deduction. For the year 2022, …
Read More »2022 Road and Meal Allowance Exceptions
Besides the wage, the most common additional benefits provided to employees are meals and road assistance. How will the income tax and SSI exemptions be applied to road and meal allowances, according to the payroll parameters of 2022? Income Tax and SSI Exemptions for Meal AidsWhen the employer wants to …
Read More »2022 Income Tax Tariff
Before the new year came, the minimum wage and accordingly other wages were adjusted. With the announcement of the minimum wage as being non-taxable, the next question raised is what would happen to other wages?. Will there be tax exemption for every wage earner’s income equal to the minimum wage? …
Read More »2022 Minimum Wage Computation
From new year’s onward, the net minimum wage has increased from 2,825.90 TL to 4,253.40 TL, with a 50% hike. A different exemption is also introduced this year: the exemption of minimum wage earners from income tax and stamp tax. There will be no income tax and stamp duty in …
Read More »Consider These When Resigning
While the employment contract is made with the agreement of both the employer and the employee, its termination takes place with the declaration of one party. Termination of the employment contract by the employee is referred to as resignation. In accordance with the Labor Law No. 4857, which regulates Employee-Employer …
Read More »European Social Security Convention: Practices in Spain and Portugal
A SGK Circular regarding the European Social Security Agreement was signed between Austria, Belgium, Italy, Luxembourg, Netherlands, Spain, Portugal and Turkey on March 1, 1977. Based on the provisions of the European Social Security Agreement, the Circular mentioned social security applications of the temporary assignments with Spain and Portugal, countries …
Read More »Severance Pay for Employees Paid in Foreign Currency
When an employment contract is terminated, an employee who has worked for the same employer for more than 1 year is entitled to severance pay. The conditions necessary to benefit from this right are regulated in the current Article 14 of the abolished Labor Law No. 1475, which also includes …
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