Open menu
08July2015

Severance ceiling base between July and December 2015

Income Tax Exempted Severance Pay

cott-group-semsiye

According to the circular numbered 27998389-010-06-02-6235 released by the General Directorate of Budget and Fiscal Control on 03.07.2015 with the subject 'Financial and Social Rights', the coefficients used to calculate the wage of a civil servant have been revised effective 01.07.2015.

The following values have been calculated taking these coefficients into account, and shall be applied for the period between the dates of 01.07.2015-31.12.2015;

  1. Maximum severance pay to be exempted from income tax is 3.709,98.- TL,

Written by Fırat Oktürk, Posted in Labor Law

About The Author

Fırat Oktürk

Implementation Support Manager
This website is using cookies.
In this website, we use cookies to develop your user experience, obtain efficient work and track statistical data. You are agreeing to our use of cookies by browsing our website. Please review Çerezler (Cookies) page for detailed information of how we manage the cookies. This choice is valid for 30 days until you delete the cookies in your web browser.
x