Jan 13, 2020 1 min read

Tax Declarations Changed in Turkey

Turkey Payroll Outsourcing Alert – Changes to Income Tax Withholding and Social Security Insurance Contributions Declaration Process Introduced

Turkey payroll outsourcing leader issues a statutory alert for Turkey.

Mercans has alerted its Turkey payroll outsourcing clients of Income Tax Withholding and Social Security Insurance Contributions related changes. In accordance with the law published in Official Gazette No. 29796 on August 9, 2016, Income Tax Withholding Declaration and Social Security Insurance (SSI) Premium and Service Declaration forms have been merged into a single declaration – Withholding and Premium Service Declaration. This change will go into effect on January 1, 2020, as confirmed in Official Gazette No. 30844 published on July 27, 2019.

In preparation to the introduction of the new combined declaration form, employers are urged to ensure the following

Most viewed posts

View all posts

Lebanon Revises Cost of Living Allowance Limits

The government of Lebanon has increased the limit of cost of living allowance to LBP 6,400,000

Jun 1, 2023 1 min read

Client Success Story: Cochlear

360°solution with a greenfield experience with a full stack of services including HR, finance, accounting, payroll, back office setup, and reporting.

May 25, 2023 3 min read

Turkey Introduces New Social Security Law Number

Turkey has introduced the procedures and principles of the 5-point SSI premium incentive for employees who have opted for early retirement within the scope of Emeklilikte yaşa takılanlar (EYT).

May 22, 2023 1 min read

Unleashing the Power of Payroll Data Analytics

Thorough analysis of payroll data empowers businesses to extract valuable insights, enhancing customer and employee experiences and driving exceptional business outcomes.

May 18, 2023 4 min read

Kenya Changes National Social Security Fund Act

The total contributions for both employee and employer are Kshs 2,160 per month. Self-employed individuals who are members of the fund may proceed contributing the flat rate of Kshs 200 per month, which is the minimum amount of voluntary contribution

May 15, 2023 2 min read

Lebanon renews Transportation, Schooling, Cost of Living Expenses a...

Lebanese government has increased the minimum wages to LBP 9,000,000 from LBP 2,600,000 earlier and the minimum daily wage now stands at LBP 410,000.

May 10, 2023 1 min read