06July2023

The Exemptions of the Electricity, Natural Gas and Heating Allowance Have Expired as of 30th June 2023

The social security premium and income tax exemptions applied to electricity, natural gas, and similar heating allowances, as announced in the Circular No. 2022/26 issued by the Social Security Institution and the Income Tax General Communiqué No. 322 published by the Revenue Administration, have expired as of June 30, 2023.

As of July 1, 2023, payments made to employees for all kinds of electricity, natural gas and similar heating expenses will be subject to income tax and social security premium deductions.

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

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