Annual income tax returns for 2021 income will be submitted to the relevant tax offices in March 2022. (Deadline is 31 Mar 2021)

The details of the subject are included in the General Communiqué dated 27.05.2020 and serial number 311 published by the Revenue Administration. You can click the link for the details.

Social Security Institution has announced that the social security premium payment deadline for January 2022 has been postponed to 03.03.2022.

Per the announcement, the regular social security premium deadline which is 28.02.2022, has been postponed to 03.03.2022 considering the workload of the employers arised in February.

The authorities also noted that to be able to benefit from the incentives, the payments would need to be done until the deadline.

The Regulation on the Protection and Processing of Data Within Social Security Institution ("SSI") ("Regulation")entered into force after being published in the Official Gazette dated 02.19.2022 and No. 31755. Within the scope of this Regulation, the procedures and principles to be followed in the processing of the personal data obtained by the SSI is determined.

What are the Highlights of the Regulation?

The Turkish Revenue Administration has published a new Communiqué (no:319) with regards to the wage / employment income.

Per the article 4 of the Communiqué, the income tax exemption implementation would be as below:

The income tax base which is calculated by deducting the social security premiums from the gross wage, would be exempted from income tax.

If the employee receive wage from more than one employer, the exemption would be applicable for the highest wage.