The Turkish Revenue Administration has published a new Communiqué (no:319) with regards to the wage / employment income.

Per the article 4 of the Communiqué, the income tax exemption implementation would be as below:

The income tax base which is calculated by deducting the social security premiums from the gross wage, would be exempted from income tax.

If the employee receive wage from more than one employer, the exemption would be applicable for the highest wage.

New regulations on the technology development regions have been published with the Official Gazette numbered 31746 and dated 10.02.2022.

The amendments with regards to the employees working in technology development regions would be summarized as below:

The post-graduate durations would be considered during income tax incentive calculations

The VAT rate of the foodstuffs has been decreased from 8% to 1% with the Presidential decision published in the Official Gazette numbered 31749 and dated 13.02.2022.

The authorities have made amendments to the previously published VAT lists (20.12.2007 dated and 26742 numbered Official Gazette.) And the foodstuff list located under the VAT rate list of 8% has been transferred to the VAT rate list of 1%.

By the letter of Ministry of Treasury and Finance, General Directorate of Public Financial Management and Transformation dated 22.01.2022 and numbered 27998389 - 010.06.02 - 903792, the expense limits exempt from income tax for the period of January 1, 2022 – June 30, 2022 has been announced.

The Tax-Exempt Amounts of Domestic Travel Expenses

The tax-exempt amounts of domestic travel allowances for the period of January 1, 2022 and June 30, 2022 are as below.