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08Şubat2021

Minimum Subsistence Allowance Status Updates

Minimum Subsistence Allowance Status Updates

As known, per the Article 32 of the Income Tax Law, the marital status and family status of the employees are taken as basis in determining the Minimum Subsistence Allowance amount.

Changes in marital status and family status must be notified to the employers within 1 month at the latest.

These changes are notified to the employer with the Minimum Subsistence Allowance Form.

With regards to this, any incorrect calculation can be prevented if the employers remind the employees about the updates on marital or family statuses via MSA forms.

Accordingly, you can inform your employees about marital status and family status updates and request details via MSA forms if there are any changes.

You can click the link to review further details about the Minimum Subsistence Allowance updates.

You can click the link to review current MSA amounts for 2021.

Yazar Erdoğdu Onur Erol, Kategori Taxation Law

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    The content in this article is for general information purposes only and belongs to CottGroup® member companies. This content does not constitute legal, financial, or technical advice and cannot be quoted without proper attribution.

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