The final day to submit the second installment of the Income Tax for the earnings related to the year 2017 is July 31, 2018.

The responsible parties for the tax payments shall pay their taxes via;

• Online banking systems of the authorized banks,
• Direct application to the authorized banks,
• Tax Offices

Additionally, the earnings related to rents, wages, returns on stocks and bonds and other earnings which are to be accepted as income and declared on the online Tax Return Systems, can be paid with the credit cards issued from the authorized banks through the online portal of relevant Directorate.

Vehicle owners are obliged to pay the Motor Vehicle Tax (MTV) each year. The tax can be paid in two installments yearly upon request. In additional to the land vehicles, airplanes, helicopters, choppers and motor vessels are liable to the MTV tax.

According to the circular numbered 27998389-010-06-02-5278 released by the General Directorate of Budget and Fiscal Control on 04.07.2018 with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a civil servant have been revised effective 01.07.2018.

In accordance with the provisional article, Article 75 of the Social Security and General Health Insurance Law the amount of Minimum Wage discount has been decided by the Council of Ministers on 09.04.2018. The details of the new amendments announced with the 2018/11668 numbered circulars, dated 09.04.2018 are listed below;