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Social Security Law and Legislation

 
13September2022

2022 Minimum Wage Support Procedures

The 2022 minimum wage support has come into force with the Law No: 7417 published on the Official Gazette dated 01 July 2022 and numbered 31887.

With the Communique dated 07.09.2022 and numbered 2022/19, the procedures regarding the minimum wage support have been published by the Social Security Institution.

As a summary, 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 2022 minimum wage support can be summarized as below:

Written by Erdoğdu Onur Erol, Posted in Social Security Law and Legislation

08July2022

Meal and Commuter Benefit Exemptions as of July, 2022

  • Income Tax Exempted Food Allowance
  • Income Tax Exempted Commuting Allowance

Income Tax Exempted Food Allowance

Meal allowance tax exemption amount that is applied as of 1st of July 2022 was announced on 08.07.2022 dated and 31890 numbered bis Official Gazette. Based on that the meal allowance which is provided by the employer outside of the workplace and workplace outbuildings as defined in the (8)th clause of Article 23 of Income Tax Law (In Turkish), exemption amount is defined as 51.00 TRY to be applied as of July 1st 2022.

Written by Erdoğdu Onur Erol, Posted in Social Security Law and Legislation, Taxation Law

07July2022

2022 Minimum Wage Support

The 2022 minimum wage support has come into force with the Law No: 7417 published on the Official Gazette dated 01 July 2022 and numbered 31887.

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 2022 minimum wage support can be summarized as below:

Written by Erdoğdu Onur Erol, Posted in Social Security Law and Legislation, Labor Law

04July2022

2022 II. Period Statutory Deductions on Payroll

The statutory deductions applicable in a standard Turkish payroll are social security premium, income tax, and stamp tax. Also, the salaries generated from liaison offices in Türkiye are exempt from income tax per the article 34/14 of Income Tax Law and these are only subject to social security.

Also, as of 2022, an income tax exemption amount up to the tax amount calculated over minimum wage would be applicable for all wages.

Social Security Premium

Social Security Premium are calculated over wages monthly and are paid jointly by the employee and the employer. The contribution rates are as follows:

Written by Erdoğdu Onur Erol, Posted in Social Security Law and Legislation, Taxation Law

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