According to the Circular dated July 7, 2025 and numbered 27998389-010.06.02-4098345 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 July 1, 2025.

Income Tax Exempted Severance Pay

According to the announcement made by the Social Security Institution (SSI) on 18 June 2025, the deadline for the payment of premium debts pertaining to the April 2025 period has been set as June 25, 2025, in cases where such debts are paid through the offsetting of VAT refund receivables.

This adjustment was introduced following a notification by the Revenue Administration of the Ministry of Treasury and Finance, indicating that some taxpayers may encounter delays in the offsetting process of their VAT refund receivables against premium debts for the April 2025 period by the initial deadline of June 20, 2025.

By the circular of the Revenue Administration dated April 29, 2025;

The filing deadline for Corporate Tax Returns regarding the 2024 fiscal period, which were originally due by the end of April 30, 2025, as well as the deadline for payment of taxes accrued based on these returns, has been extended until the end of Monday, May 5, 2025.

The submission deadline for the Annual Income Tax Declarations for the 2024 calendar year, which was originally due by the end of April 2, 2025, has been extended, along with the payment deadlines for the taxes assessed based on these returns.

According to the circular issued by the Revenue Administration on March 27, 2025: