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22January2021

Motor Vehicle Tax Payment for 2021 1st Period

The publication below may be out of date due to postponements and recent announcements. Please contact your client representative to have further information and for your queries about the recent announcements regarding your legal obligations.

1st installment payment of Motor Vehicles Tax for 2021 shall be done between 01 January – 31 January.

If you have registered vehicles to your name or company, 1st installment payment of Motor Vehicles Tax is necessary to be done. Taxpayers are able to view and pay their taxes, without logging into Interactive Tax Office, by submitting only the license plate and Turkish ID number.

Payments can be deposited from postal offices, tax offices and the banks which have an agreement with the authorities.

You can access related details on Motor Vehicles Tax from here. (The link is in Turkish)

Should you have any queries, please contact us.

Author Selma Kıy, Category Taxation Law

20January2021

A Reminder for Certain Legal Practices to Pay Attention in the New Year

  • With the Presidential Decree No. 3343, deadline for debt restructuring applications and for payment of first installments is 01.02.2021, within the scope of the Law No. 7256.
  • With the Presidential Decree No. 3343, for the taxpayers, who applied for debt restructuring within the scope of the Law No. 7256, deadline for the first installment of tax payments is 01.03.2021, and for the first installment of SSI payments is 31.03.2021.
  • With the Presidential Decree No. 2812, changes in VAT rates applied for certain goods and services are extended until 31.05.2021.

Author Selma Kıy, Category Taxation Law

19January2021

2020 Annual Tax Return Obligation for Wages

Annual income tax returns for 2020 income will be submitted to the relevant tax offices in March 2021.

All incomes subject to annual income tax return should be declared for the following income elements listed in Article 2 of the Income Tax Law. You can find the details for the annual income tax return obligation for wages below:

Components of Income;

  1. Commercial earnings,
  2. Agricultural earnings,
  3. Wages,
  4. Self-employment earnings,
  5. Revenue from real estate, immovable assets
  6. Revenue from securities, movable assets
  7. Other earnings and revenue.

Author Erdoğdu Onur Erol, Category Social Security Law and Legislation, Labor Law

13January2021

Increase On The Cash Wage Support

With the President's decision published in the Official Gazette dated January 13, 2021 and numbered 31363, the amount of cash wage support provided to employees has been increased.

Per the decision, the daily amount of cash wage support has been increased to 47.70 TL.

The whole month (30 days) cash wage support amount has been increased to net (after stamp tax) 1,420.14 TL.

You can click the link for the details about the periods of cash wage support and termination ban.

You can click the link for the details of the sanctions on violating the termination ban.

You can click the link for the related President decision. (The link is in Turkish)

Author Erdoğdu Onur Erol, Category Social Security Law and Legislation, Labor Law

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