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With Law No. 7553 which was published in the Official Gazette dated July 14, 2025 and entered into force on the same day, two important amendments were introduced to the Labour Law dated May 22, 2003 and numbered 4857, which are summarized below.
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Author Ümit Kır, Category Labor Law
According to the Circular dated July 7, 2025 and numbered 27998389-010.06.02-4098345 published by the Ministry of Treasury and Finance with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a public officers have been revised effective July 1, 2025.
Author Ümit Kır, Category Social Security Law and Legislation, Taxation Law
According to the Circular dated July 7, 2025 and numbered 27998389-010.06.02-4098345 published by the Ministry of Treasury and Finance with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a public officers have been revised effective July 1, 2025.
Income Tax Exempted Severance Pay
Author Ümit Kır, Category Taxation Law, Labor Law
As is known, in accordance with Law No. 5604 on the Establishment of Fiscal Holidays, the fiscal holiday in 2025 will start on Tuesday, July 1, 2025, and will end on Sunday, July 20, 2025.
The deadlines for declarations, notifications, objections, and payments made to the Social Security Institution (SGK) are also affected by the fiscal holiday.
Author Ümit Kır, Category Social Security Law and Legislation