2023 1st Period - Severance Ceiling Amount
This circular has been abolished and the amount has been updated. You can reach the updated amount via the link
According to the Circular dated January 5, 2023 and numbered 27998389-010.06.02-1818123 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 January 1, 2023.
Income Tax Exempted Severance Pay
The following value has been calculated taking these coefficients into account and shall be applied for the period between the dates of January 1, 2023 and June 30, 2023, maximum severance pay to be exempted from income tax is determined as 17,904.62 TRY.