10July2015

2015 2nd Period - Income Tax Exempted Child Support

According to the circular numbered 27998389-010-06-02-6235 released by the General Directorate of Budget and Fiscal Control on 03.07.2015 with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a civil servant have been revised effective 01.07.2015.

The following values have been calculated taking these coefficients into account, and shall be applied for the period between the dates of 01.07.2015-31.12.2015;

Monthly child support to be exempted from income tax is;

For children 0-6 years of age – 41,54.- TL,
For children over 6 years of age – 20,77.- TL.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Labor Law

08July2015

Severance ceiling base between July and December 2015

Income Tax Exempted Severance Pay

According to the circular numbered 27998389-010-06-02-6235 released by the General Directorate of Budget and Fiscal Control on 03.07.2015 with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a civil servant have been revised effective 01.07.2015.

The following values have been calculated taking these coefficients into account, and shall be applied for the period between the dates of 01.07.2015-31.12.2015;

Maximum severance pay to be exempted from income tax is 3.709,98.- TL,

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Labor Law

20May2015

Employer's Obligation to Declare under Turkish Labour Regulations

Employers have a number of different declaration obligations under Turkish Labour laws and regulations. This article provides an overview of such common obligations.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Social Security Law and Legislation, Labor Law

30April2015

Amendments in Labour Legislations with the Bill Omnibus Nr. 6645

6645 enumerated 'Law amending Work Place Health and Safety and other laws and enactments' has been published in the Reiterated Official Gazette on 23/04/2015 and entered into force on the date of publishing. With the Bill Omnibus, which includes 89 articles, many regulations, including Labour Law, Social Security and Income Tax have been subject to important changes. This article consists of briefing on the most significant amendments concerning employees and employers.

Category Social Security Law and Legislation, Taxation Law, Labor Law