26July2021

2021 2nd Period - Income Tax Exempted Child Support

According to the Circular numbered 27998389-010.06.02-421208 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 effective as of July 1, 2021.

Income Tax Exempted Child Support

The following values have been calculated by considering these coefficients and shall be applied for the period between the dates of 01.07.2021 - 31.12.2021 monthly child support to be exempted from income tax is;

For children 0-6 years of age - 89.90 TRY,
For others - 44.95 TRY

You can reach the Communique via the link. (In Turkish).

Should you have any queries or need further details, please contact your customer representative.

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

Income Tax Exempted Child Support - Archive
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About The Author

Erdoğdu Onur Erol

HR Compliance Manager

https://www.cottgroup.com

2021 2nd Period - Income Tax Exempted Child Support

Income Tax Exempted Child Support

Income Tax Exempted Child Support - Archive