The social security premium and income tax exemptions applied to electricity, natural gas, and similar heating allowances, as announced in the Circular No. 2022/26 issued by the Social Security Institution and the Income Tax General Communiqué No. 322 published by the Revenue Administration, have expired as of June 30, 2023.

The social security premium exemption amount for the meal to be applied has been determined as 105.75 TL per day for the period between July 1, 2023 and December 31, 2023.

447.15 TRY x % 23,65 = 105.75 TRY (Daily exemption amount)

The exceed amount will be subject to premium deduction.

a. Minimum Wage

In The press release dated June 20, 2023, the Ministry of Labor along with the Minimum Wage Determination Committee have announced the minimum wage to be effective as of July 01, 2023, as shown in the table below:

With the Official Gazette dated the 31st of March 2023 and numbered 32149; Presidential Decision with the number 7015 has been published regarding the technology development and R&D regions under the emergency state.

With that decision, in the calculation of the income tax withholding incentive within the scope of the “Technology Development Zones Law” with the number 4691 and the “Supporting Research, Development, and Design Activities Law” with the number 5746, the income tax incentive rate that is applied for the time performed outside of R&D and technology development regions, will be applied as a hundred percent (for the whole working period) during the period of emergency state in the provinces were affected by the earthquake and declared as the state of emergency as of 6th February 2023.