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26June2018

The New SSI Circulars Announced That The Employers Will Be Provided With Minimum Wage Support

In accordance with the provisional article, Article 75 of the Social Security and General Health Insurance Law the amount of Minimum Wage discount has been decided by the Council of Ministers on 09.04.2018. The details of the new amendments announced with the 2018/11668 numbered circulars, dated 09.04.2018 are listed below;

  • The average daily earning taken as basic to premium being 120 TRY or below for the workplaces incorporated prior to 2018 and the workplaces incorporated as of 2018 will multiply the employees working days with 3.33 will be the benefited amount of minimum wage.
  • For the privately-owned workplaces that apply collective employment contracts within the scope of the Law numbered 6356 on Trade Unions and Collective Bargaining Agreements, the average daily earning taken as basic to premium being 180 TRY will be the benefited amount of minimum wage. In addition, for the workplaces incorporated as of 2018 will multiply the employees working days with 3.33 will be the benefited amount of minimum wage.

The significant section on the announced circulars is; the employers / workplaces do not have to submit an application to benefit from such provisional incentive. The amount to be benefited within the scope of the application of the announced circular shall be offset from the monthly premium payments. As an offset of the benefit is to be applied, the relevant amounts calculated for the months of January, February, March and April 2018 are able to be deducted from May 2018 premium payments.

Author Selma Kıy, Category Social Security Law and Legislation, Taxation Law

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About The Author

Selma Kıy

Certified Public Accountant - SMMM
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