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Legislation - CottGroup Holistic Business Services

15February2017

New Amendment Supporting The Employer SSI Premium And Tax Payments Has Been Released

The Decree-law No. 687 on the Adoption of Certain Regulations under the State of Emergency came in force upon its publication in the 29974 numbered Official Gazette, issued on 02/09/2017.

The following regulations have been introduced by the Decree-law.

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

05January2017

2017 1st Period - Maximum Severance Payment Amount Has Been Declared

a. Income Tax Exempted Severance Pay

According to the circular numbered 27998389-010-06-02-66 released by the General Directorate of Budget and Fiscal Control on 03.01.2017 with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a civil servant have been revised effective 01.01.2017.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Taxation Law

04January2017

Consent To Work Overtime

Due to overtime and extra hours regulations in Türkiye, employers are obliged to seek consent from their employees in writing at the beginning of every year and keep it in the employee's respective personnel file.

Click here to download the bilingual consent form applicable for 2017.

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Labor Law

03January2017

New Amendment on Automatic Enrollment in Private Pension Insurance Has Been Released

The Regulation on Terms and Procedures for the enrolment to the individual pension savings insurance of the employees into a pension plan through their employers was published in the Official Gazette issued on 02 January 2017 under no 29936.

This Regulation intendeds to determine workplaces and employees to be admitted on the pension plan under the policy whereby employees are to be automatically admitted to a pension plan through their employers as well as to set the rate of employee contribution share to be deducted from the wages of the employees and to lay down such terms and procedures to enforce the Regulation.

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

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