Turkey Announces 2023 Payroll Parameters

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 exemptions

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