on 1 Ocak 2013 Salı

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.
Net Salary = Gross Salary – Total Deductions