Turkey Announces 2023 Payroll Parameters
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Effective from 1 July 2023, the government of Turkey has increased the Social Security Minimum Wage Amount to 13,414.50 TRY Gross and 11,402.32 TRY Net. The monthly SSI Ceiling Amount has increased to a gross amount of 100,608.90 TRY.
Please find the previous and new amounts under the below table,
| SSI Amounts EN Version | SSI Amounts TR Version | Period 01-01-2023 30-06-2023 | Period 01-07-2023 31-12-2023 |
|---|---|---|---|
| SSI Minimum Base Amount Daily | Gunluk Prime Esas Kazanc / SGK / Alt Sınır | TRY 333,60 | TRY 447.15 |
| SSI Minimum Base Amount Monthly | Aylık Prime Esas Kazanc / SGK / Alt Sınır | TRY 10.008,00 | TRY 13,414.50 |
| SSI Ceiling Amount Daily | Gunluk Prime Esas Kazanc / SGK / Üst Sınır | TRY 2.502,00 | TRY 3,353.63 |
| SSI Ceiling Amount Monthly | Aylık Prime Esas Kazanc / SGK / Üst Sınır | TRY 75.060,00 | TRY 100,608.90 |
New Social Security Exemption Amounts Announced
In addition, the government of Turkey has announced the following benefit in kind exemption amounts, effective from 1 July to 31 December 2023.
These amounts will impact employees’ Gross Social Security amounts if the employer provides the respective benefits in kind.
| SSI Amounts EN Version | SSI Amounts TR Version | Period 01-01-2023 30-06-2023 | Period 01-07-2023 31-12-2023 |
|---|---|---|---|
| SSI Child Allowance Exemption | Çocuk Yardımı İstisnası / SGK | TRY 200.16 | TRY 268.29 |
| SSI Family Allowance Exemption | Aile Yardımı İstisnası / SGK | TRY 1,000.80 | TRY 1,341.45 |
| SSI Meal Allowance Exemption (cash and Card payment) | Yemek Yardımı İstisnası / SGK | TRY 78.90 | TRY 105.75 |
| Private Ins + Pension ER Exemption Amounts for SSI Base | Ozel sağlık sigortası ve Isveren BES primi istisnası/prime esas kazanç | TRY 3.002,40 | TRY 4,024.35 |
Changes to the Income Tax Exemptions
| Months | Cumulative Minimum Bas Tax | Monthly Exemption Amount | Calculation Details of Monthly Exemption Amount |
|---|---|---|---|
| January | 8.506,80 | 1.276,02 | 8506.80*0.15 |
| February | 17.013,60 | 1.276,02 | 8506.80*0.15 |
| March | 25.520,40 | 1.276,02 | 8506.80*0.15 |
| April | 34.027,20 | 1.276,02 | 8506.80*0.15 |
| May | 42.534,00 | 1.276,02 | 8506.80*0.15 |
| June | 51.040,80 | 1.276,02 | 8506.80*0.15 |
| July | 62.443,13 | 1.710,35 | 11402.33*0.15 |
| August | 73.845,45 | 1.902,62 | 70.000,00-62.443,13 = 7.556,87 *%15 (1.133,53) 73.845,45-70.000,00 = 3.845,45 *%20 (769,09)1133,53+769,09 |
| September | 85.247,78 | 2.280,47 | 11402.33*0.20 |
| October | 96.650,10 | 2.280,47 | 11402.33*0.20 |
| November | 108.052,43 | 2.280,47 | 11402.33*0.20 |
| December | 119.454,75 | 2.280,47 | 11402.33*0.20 |
The amended rates will apply to all wages and salaries earned after 1 July 2023.
Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change.
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Turkey – New Social security and Income tax Rate exemptions746.66 KB