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10July2020

2020 II. Period Travel Expense Amounts Exempt From Income Tax

2020 II. Period Travel Expense Amounts Exempt From Income Tax

In accordance with the letter of the Ministry of Treasury and Finance, General Directorate of Public Financial Management and Transformation dated 6/07/2020 and numbered 27998389-010.06.02-368870, the expense limits exempt from income tax for the period of 1 July 2020 - 31 December 2020 has been announced.

The Tax-Exempt Amounts of Domestic Travel Expenses

The tax-exempt amounts of domestic travel allowances for the period of 01 July 2020 and 31 December 2020 are as below.

Monthly Gross Amounts (TL)
for the period of
1.7.2020-31.12.2020
Daily Amount Exempt From Tax (TR) Reference Column As The Basis of Travel Expense
3,885.08 TL and more 66.85 II
3,857.28 3,885.07 TL in between 56.10 III
3,517.46 3,857.27 TL in between 52.35 IV
3,084.97 3,517.45 TL in between 49.15 V
2,559.03 3,084.96 TL in between 43.35 VI
2,559.02 TL TL and less 42.15 VII

The Tax-Exempt Amounts of Foreign Travel Expenses

The tax-exempt amounts of foreign travel expenses for the period of 01 July 2020 and 31 December 2020 are as below.

Daily Amounts Determined for Income Bracket Groups Identified As Per Monthly Gross Amounts Between the Dates of 01/07/2020 - 31/12/2020
WAGE BRACKETS
Monthly Gross Amount / Countries and Currency II. Column III. Column IV. Column V. Column VI. Column VII. Column
3,885.08

TL and

more
3,857.28
-
3,885.07

TL in between
3,517.46
-
3,857.27

TL in between
3,084.97
-
3,517.45

TL in between
2,559.03
-
3,084.96

TL in between
2,559.02

TL and

less
The U.S. (US Dollar) 182 146 124 117 110 93
Germany (Euro) 164 131 111 105 99 83
Australia (Australian Dollar) 283 227 192 181 171 143
Austria (Euro) 166 132 112 106 100 84
Belgium (Euro) 161 128 109 103 97 81
Japan (Japanese Yen) 31,405 25,127 21,325 20,118 18,901 15,914
Canada (Canadian Dollar) 244 195 165 156 147 125
Kuwait (Kuwaiti Dinar) 50 40 35 33 31 25
Luxemburg (Euro) 161 128 109 103 97 82
Norway (Norwegian Krone) 1,193 952 808 762 719 604
Portugal (Euro) 155 124 105 99 93 78
Saudi Arabia (Saudi Arabian Riyal) 617 492 418 395 372 313
Greece (Euro) 158 126 107 101 95 80
Kosovo (Euro) 123 98 83 78 74 63
Other EU Countries (Euro) 127 101 86 81 76 65
Other Countries (US Dollar) 157 125 106 100 95 80

Turkish Republic of Northern Cyprus (KKTC) Travel Expense Amounts

Travel expense parameters determined for the ones on temporary duty in Cyprus are as below.

Monthly Gross Amounts (TL)
for the period of
1.7.2020-31.12.2020
Travel Expense Amount
3,885.08 TL and more 175,20
3,857.28-3,885.07 TL in between 152,70
2,621.59-3,857.27 TL in between 130,90
2,559.03-2,621.58 TL in between 109,10
2,559.02 TL TL and less 87,30

You can reach the related circular via the link.

Written by Erdoğdu Onur Erol, Posted in Taxation Law

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