Following fixed parameters of 2013 represents basic payroll accounting in Turkey. All parameters here are applicable to the employees over 16th years old. There might be other benefits and allowances applicable to the workers. Below calculations excludes daily food family and children allowances and exemptions. Please consult to your accountant for detailed information. The following information is for informational purposes only.
I- Gross Salary:
Gross Salary refers to amount of salary which is earned by employees according to Turkish Labor Law
Gross Salary = Net Salary + Total Deductions (Social Security Premium Employee's Share (including Unemployemnt Insurance) + Income Tax + Stamp Tax)
II- Net Salary:
It is the amount of salary actually received by the employees.III- Employer's Cost:
In addition to the gross salary, employer must pay the employer's share of social security and unemployment insurance premiums.- Total Cost of Employee to Employer = Gross Salary + Social Security Premium Employer's Allocation (including Unemployment Insurance)
IV-Social Security Premium:
Currently total social security premium is between 36.5% to %42 of gross salary. 15% of total is deducted from the gross salary as employee's allocation and between 21.5% and 27% of gross salary is calculated additionally as the employer's allocation.
| Insurance Branches | Employee's Allocation (%) | Employer's Allocation (%) | Total Allocation (%) |
| Short Term Insurance Branch Premium | - | 1 to 6,5 | 1 to 6,5 |
| Invalidity, Old Age and Death Insurance Premium | 9 | 11 | 20 |
| General Health Insurance | 5 | 7,5 | 12,5 |
| Unemployment Insurance | 1 | 2 | 3 |
| Total | 15 | 21,5 to 27 | 36,5 to 42 |
| SOCIAL SECURITY BASE AND CEILING |
MONTHLY (TL)
|
DAILY (TL)
|
|
| BASE (BETWEEN 01.01.2013 - 30.06.2013) |
978,60
|
32,62
|
|
|
6360,90
|
212,03
|
|
| BASE (BETWEEN 01.01.2013 - 30.06.2013) |
1021,50
|
34,05
|
|
| CEILING (BETWEEN 01.07.2013 – 31.12.2013) |
6.639,90
|
221,33
|
V- Income Tax:
Employee's Wage Income is subject to income tax and employer is responsible to deduct, and pay to tax office on behalf of employee.- Income Tax Base (Taxable Income) = Gross Salary - Social Security Premium (Employee's Share)
- Income Tax = Taxable income * Income Tax Rate (%)
Income Tax (Cumulative) (Wage Income)
|
Rates |
| Up to 10.700 TL |
%15
|
| Between 10.700 and 26.000 TL (For the 10.700 TL of the total amount, income tax is 1.605 TL) In excess |
%20
|
| Between 26.000 and 94.000 TL (For the 26,000 TL of the total amount, income tax is 4,665 TL) In excess |
%27
|
| Over 94.000 TL (For the 94,000 TL of the total amount, income tax is 23,025 TL) In excess |
%35
|
VI- Stamp Tax: (2013)
Stamp tax is based on the gross salary. The rate of tax is 0,00759- Stamp Tax = Gross Salary * Stamp Tax Rate
VII- Minimum Living Allowance (MLA)
Effective from January 1, 2008, a tax-free minimum living allowance is available for wage earners. Income tax payable is calculated by deducting MLA from the income tax.
Calculation is made on the basis of minimum wage regardless of the salary of employee. In calculation of the minimum living allowance, the marital status and the family composition of the employee is taken into account.
Calculation: 50% for the taxpayer, 10% for the spouse provided who is unemployed, 7.5% each for the first two dependent children, and 5% each for the following dependant children.
Calculation on the basis of Minimum Wage
Minimum Living Allowance
|
2013 |
| * For the tax payer |
73,40 TL
|
| * For the spouse who is unemployed |
14,67 TL
|
| * For each first two dependent children |
11,01 TL
|
| * For the Third and the following dependant children |
7,34 TL
|
- Income Tax Payable = Income Tax - Minimum living Allowance
VIII – Disablement Deduction
The employee who lost working capacity at minimum 80 % is regarded as 1st degree disabled, minimum 60 % is 2nd degree disabled, minimum 40 % is 3rd degree disabled worker. In calculating income tax, the following monthly deductions are applicable to the taxable income of the employees (2013).
- For the 1st degree 800 TL
- For the 2nd degree 410 TL
- For the 3rd degree 190 TL
| Gross salary |
978,60 TL
|
| Social Security Premium Employee’s allocation (14%) |
137 TL
|
| Unemployment insuranceEmployee’s allocation (1%) |
9,79 TL
|
| Income tax base |
831,81 TL
|
| Income tax (15%) |
124,77 TL
|
| Minimum living allowance (Single and no children) |
73,40 TL
|
| Income tax payable |
51,37 TL
|
| Stamp tax (0,00759) |
7,43 TL
|
| Total Deductions (Income tax payable +Stamp Tax + Social Security Premium Employee Allocation +Unemployment Insurance Employee Allocation) |
205,59 TL
|
| NET SALARY |
773,01 TL
|
TOTAL COST OF EMPLOYEE TO EMPLOYER
| Gross salary | 978,60 TL |
| Social Security Premium Employer’s allocation (14.5%)* | 141,90 TL |
| Unemployment Insurance (2%) | 19,57 TL |
| TOTAL COST | 1.140,07 TL |
*"For the private sector employers who employ insurance holders under item (a) of paragraph one of Article 4 of this Law, the amount corresponding to five points of employer share in the premiums of invalidity, old - age and survivors insurances pursuant to item (a) of paragraph one of this Article shall be covered by the Treasury." SOCIAL INSURANCE AND UNIVERSAL HEALTH INSURANCE LAW (law no:5510 - Article 8-ı )
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