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)

According to the 27998389 - 010.06.02.11638 numbered Circular published by the Ministry of Treasury and Finance with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of public officers have been revised to be effective as of 01.01.2021.

Income Tax Exempted Severance Pay

The following value has been calculated taking these coefficients into account and shall be applied for the period between 01.01.2021 – 30.06.2021 maximum severance pay to be exempted from income tax is determined as TRY 7.638.96.

To access the full circular in which these announcements were made, please click here. (Please also be advised that the contents of this circular are in Turkish language.)

Cash wage support and termination ban due to Covid-19 reasons have been extended to March 17, 2021. For further details, you can review our announcement via that link.

In case of a violation of the termination ban, the following sanctions and risks would be encountered:

1. Administrative fine
2. Cancellation of short-term employment allowance and refund of allowances with interest from employers
3. Other possible termination risks

You can find below the details:

According to the 27998389 - 010.06.02. 368870 numbered Circular 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 01.07.2020.

Income Tax Exempted Severance Pay

The following values have been calculated taking these coefficients into account and shall be applied for the period between the dates of 01.07.2020 – 31.12.2020 maximum severance pay to be exempted from income tax is determined as 7.117,17 TL.

Income Tax Exempted Child Support

The following values have been calculated taking these coefficients into account, and shall be applied for the period between the dates of 01.07.2020– 31.12.2020 monthly child support to be exempted from income tax is;

• For children 0-6 years of age – 77,23.- TL,
• For others – 38,62.- TL

To access the full circular in which these announcements were made, please click here. (Please also be advised that the contents of this circular are in Turkish language.)