Jul 4, 2023 1 min read

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 VersionSSI Amounts TR VersionPeriod 01-01-2023 30-06-2023Period 01-07-2023 31-12-2023
SSI Minimum Base Amount DailyGunluk Prime Esas Kazanc / SGK / Alt SınırTRY 333,60TRY 447.15
SSI Minimum Base Amount MonthlyAylık Prime Esas Kazanc / SGK / Alt SınırTRY 10.008,00TRY 13,414.50
SSI Ceiling Amount DailyGunluk Prime Esas Kazanc / SGK / Üst SınırTRY 2.502,00TRY 3,353.63
SSI Ceiling Amount MonthlyAylık Prime Esas Kazanc / SGK / Üst SınırTRY 75.060,00TRY 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 VersionSSI Amounts TR VersionPeriod 01-01-2023 30-06-2023Period 01-07-2023 31-12-2023
SSI Child Allowance ExemptionÇocuk Yardımı İstisnası / SGKTRY 200.16TRY 268.29
SSI Family Allowance ExemptionAile Yardımı İstisnası / SGKTRY 1,000.80TRY 1,341.45
SSI Meal Allowance Exemption (cash and Card payment)Yemek Yardımı İstisnası / SGKTRY 78.90TRY 105.75
Private Ins + Pension ER Exemption Amounts for SSI BaseOzel sağlık sigortası ve Isveren BES primi istisnası/prime esas kazançTRY 3.002,40TRY 4,024.35

Changes to the Income Tax Exemptions

MonthsCumulative Minimum Bas TaxMonthly Exemption AmountCalculation Details of Monthly Exemption Amount
August73.845,451.902,6270.000,00-62.443,13 = 7.556,87 *%15 (1.133,53) 73.845,45-70.000,00 = 3.845,45 *%20 (769,09)1133,53+769,09

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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