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Legislation - CottGroup Holistic Business Services


2023 Minimum Wage Support

The 2023 minimum wage support has come into force with the Law No. 7431 published on the Official Gazette dated 13th January 2023 and numbered 32072.

Based on that, in case that all conditions are met, the minimum wage support will be automatically deducted from the social security premium payments on the upcoming periods by the Social Security Institution without any application.

The conditions required for 2023 minimum wage support can be summarized as below:

Written by İrem Güner, Posted in Social Security Law and Legislation


Warning to Employers from the Social Security Institution

In the well-intentioned warning letters/notifications sent by the Social Security Institution to some employers, it has been determined that the wages (SSI premium earnings) of the qualified employees declared are at or close to the minimum wage. Also, if this situation is detected during the investigations and audits/inspections by the SSI, administrative fines would be applied. In this sense, it was requested from employers to show the necessary sensitivity to be compliant with their social security obligations.

Written by İrem Güner, Posted in Social Security Law and Legislation


2023 1st Period - Severance Ceiling Amount

This circular has been abolished and the amount has been updated. You can reach the updated amount via the link

According to the Circular dated January 5, 2023 and numbered 27998389-010.06.02-1818123 published by the Ministry of Treasury and Finance with the subject ‘Financial and Social Rights', the coefficients used to calculate the wage of a public officers have been revised effective January 1, 2023.

Income Tax Exempted Severance Pay

The following value has been calculated taking these coefficients into account and shall be applied for the period between the dates of January 1, 2023 and June 30, 2023, maximum severance pay to be exempted from income tax is determined as 17,904.62 TRY.

Written by İrem Güner, Posted in Taxation Law


Meal and Commuter Benefit Exemptions and Disability Degree Discounts as of 2023

With the Communique No. 323 which is published in Official Gazette dated 30th December, 2022 and numbered 32059, the below exemptions have been updated.

  • Income Tax Exempted Meal Allowance
  • Income Tax Exempted Commuter Allowance
  • Disability Degree Discounts

Income Tax Exempted Meal Allowance

The meal allowance tax exemption amount that is applied as of 1st of January 2023 was announced on 30th December, 2022 dated and 32059 numbered Official Gazette. Based on that the meal allowance which is provided by the employer as defined in the 8th clause of Article 23 of Income Tax Law, exemption amount is defined as 110.00 TRY to be applied as of 1st of January 2023.

Written by İrem Güner, Posted in Social Security Law and Legislation, Taxation Law

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