Annual Leave Pay at Termination of Employment Contract

Per the Article 59 of the Labor Law, "In case the employment contract is terminated for any reason, the rights of the employee and annual leave payments should be paid to the employee or to the right holders". Also; According to the article 80 of the Law No. 5510; "Wages shall subject to premium by attributing to the month they are deserved."

However; on the SSI Employer Regulation Communique; In the section "7.2 - Issues Regarding Premiums of Wages", the below statements are included:

"If there is any remaining annual leave balance on the termination date and the related annual payments are paid after termination, the related annual leave payments should be subject to SSI premium by attributing to the month that the job contract is terminated."

Per the Article 30 of the Labor Law numbered 4857, workplaces employing fifty or more employees in the private sector are obliged to employ "three percent disabled" employees.

Points to Consider for the Employment of the Disabled Employees

Employers should pay attention to the below points per the Article 30 of the Labor Law:

With the Law No. 7263 published in the Official Gazette No. 31384 on February 3^rd, 2021; new regulations regarding Technology Development Zones and R&D activities have been announced.

The new regulations can be summarized as below:

Regulations regarding Technology Development Zones Law (No. 4691);

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.