The 10th Chamber of the Council of State annulled the provisions of the regulation and circular governing the exemption limit for cash meal payments made by employers to third parties for insured employees, as well as meal payments made through meal coupons, meal cards, meal vouchers, etc., provided against invoices.

Important changes have been made in social security practices with the Law No. 7524 on Amendments to the Tax Laws, Some Laws, and Decree Law No. 375, published in the Official Gazette dated August 2, 2024.

What is Changing?

According to the Circular dated July 5, 2024 and numbered 27998389-010.06.02-3248709 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, 2024.

Income Tax Exempted Child Support

As is known, in accordance with Law No. 5604 on the Establishment of Fiscal Holidays, the fiscal holiday in 2024 will start on Tuesday, July 2, 2024, and will end on Saturday, July 20, 2024.

The deadlines for declarations, notifications, objections, and payments made to the Social Security Institution (SGK) are also affected by the fiscal holiday.