28Aralık2020

2021 Minimum Wage & the Minimum Subsistence Allowance Rates (MSA)

a. Minimum Wage

In The press release dated December 28, 2020 the Ministry of Labor along with the Minimum Wage Determination Committee have announced the minimum wage to be effective for the year of 2021 as shown in the table below.

TERM	GROSS	NET
2021 Year	3.577,50.-TL	2.825,90.-TL

b. Monthly SSI Base and Ceiling Parameters

As per to the Article 82 of the 5510 numbered SSI Law, the SSI base and the SSI ceiling are determined by taking the minimum wage into account. The SSI ceiling is calculated as the 7,5 times of the minimum wage. The below table shows the legal parameters in regards for 2021.

SSI	Monthly SSI Base	Monthly SSI Ceiling
2021	3.577,50.-TL	26.831,40.-TL

c. The amount to be taken into account for discount calculation purposes related to the "Minimum Subsistence Allowance", which will be effective as of the start of 2021

Minimum Wage * 12 = Annual Amount of the Minimum Wage

3.577,50 * 12 = 42.930,00.-TL

In order to calculate the MSA amount, the rates determined in accordance with the employees’ marital statuses are applied to the amount stated above.

One twelfth (1/12) of the income tax amount calculated over the Annual Minimum Wage Level is discounted from the employees’ income tax payable on monthly basis.

Employees Marital Status	Monthly discount Amount for 2021 (TRY)
Single	268.31
Married-spouse not working	321.98
Married-spouse not working 1 child	362.22
Married-spouse not working 2 child	402.47
Married-spouse not working 3 child	456.13
Married-spouse not working 4 child	456.13
Married-spouse not working 5 child	456.13
Married and spouse working	268.31
Married-spouse working 1 child	308.56
Married-spouse working 2 child	348.81
Married-spouse working 3 child	402.47
Married-spouse working 4 child	429.30
Married-spouse working 5 child	456.13

Yazar Erdoğdu Onur Erol, Kategori Social Security Law and Legislation, Taxation Law

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