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10July2023

2023 II. Period – Income Tax Exempted Child Support

2023 II. Period – Income Tax Exempted Child Support

According to the Circular dated July 7, 2023 and numbered 27998389-010.06.02-2298391 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, 2023.

Income Tax Exempted Child Support

The following values have been calculated taking these coefficients into account, and shall be applied for the period between the dates of July 1, 2023 and December 31, 2023 monthly child support to be exempted from income tax is:

  • For children 0-6 years of age – 254.90 TRY
  • For children above 6 years – 127.45 TRY

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

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

Author CottGroup Hukuk ve Mevzuat Ekibi, Category Social Security Law and Legislation, Taxation Law

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    CottGroup® member companies do not guarantee that the information in the article is accurate, up-to-date, or complete and are not liable for any damages that may arise from errors, omissions, or misunderstandings that the information may contain.

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