Within the scope of the Personal Data Protection Law numbered 6698 which has been announced in the 29677 Numbered Official Gazette dated April 7, 2016, it is highly crucial for the natural persons and legal entities to meet all the legal compliancy requirements in dealing with the personal data that they obtain, use, store, process to avoid the administrative penalty fines and possible incompliancy sanctions.

According to the circular numbered 27998389-010-06-02-5278 released by the General Directorate of Budget and Fiscal Control on 04.07.2018 with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a civil servant have been revised effective 01.07.2018.

A new regulation has been implemented for the work permit applications that are conducted through the Ministry of Labor. This regulation is applied for both initial applications and the renewal applications of the currently issued valid work permits.

According to the circular numbered 27998389-010-06-02-138 released by the General Directorate of Budget and Fiscal Control on 04.01.2018 with the subject ‘Financial and Social Rights’, the coefficients used to calculate the wage of a civil servant have been revised effective 01.01.2018.

A) Income Tax Exempted Severance Pay

The following values have been calculated taking these coefficients into account, and shall be applied for the period between the dates of 01.08.2018 – 30.06.2018 maximum severance pay to be exempted from income tax is 5.001,76.- TL,