Jan 13, 2021 1 min read

Turkey Payroll Outsourcing Alert (Social Security Increases)

Turkey – Social Security Seniority (Severance) Ceiling Amount Increased.

Effective from 1 January 2021, the government of Turkey has increased the Seniority (Severance) Ceiling Gross Amount to 7,638.96 TRY. The new amount will be in effect through January 2021 and will be updated in July 2021 for the following 6 months

Name of the ApplicationUygulama ADIPeriod July 2020 - December 2020Period January 2021 - June 2021
Seniority (Severance) Ceiling AmountKidem Tazminat Tavani7,117.17 TRY7,638.96 TRY

Mercans’ Turkey Payroll Outsourcing Solutions

While Mercans’ Turkey Payroll Outsourcing alerts will allow you to stay on top of the latest development in Turkey’s payroll regulations, you should still get in touch with Mercans’ Turkey payroll outsourcing, compliance, PEO/GEO, and BPO specialists for a free consultation on setting up fully compliant payroll and HR functions. Better yet, outsource your payroll and HR activities in Turkey to Mercans and our Turkey payroll outsourcing experts will ensure that your employees will always be paid on time and in accordance with the Turkey regulations.

Mercans Recommend

Download PDF

Mercans Statutory Alert Turkey SSI Seniority Ceiling Amount
Size

864.27 KB

Most viewed posts

View all posts

Everest Group names Mercans as a Star Performer in MCP Solutions As...

The Everest Group lauds Mercans' service capabilities and strategic approach

Nov 23, 2022 3 min read

Libya – Social Security Contribution Percentage Change

The contribution rate has been increased for all nationalities including Libyans but Pakistanis are exempted.

Nov 23, 2022 1 min read

Mercans Increases Focus on Global Payroll and Carves-Out Recruitmen...

Mercans has separated its talent management and HR advisory businesses from its software and managed payroll operations.

Nov 21, 2022 2 min read

Lebanon – Amendment to sickness and maternity ceiling amount

On 25 October 2022, the Lebanon Ministry of Finance issued a decree to modify the ceiling amount for sickness, maternity, and family allowance contributions. The sickness and maternity contribution ceiling amount has been increased from 5,000,000

Nov 16, 2022 1 min read

IR35: An Ultimate Guide To UK’s Tax Laws

IR35 is a set of rules that are designed to identify contractors and businesses which are avoiding paying the appropriate tax by working as ‘disguised’ employees.

Nov 11, 2022 10 min read

Mercans’ Response to a Critical Flaw in the Widely Used Apache Comm...

Text4Shell Vulnerability Mercans’ Response to a Critical Flaw in the Widely Used Apache Commons Text Library A recently patched vulnerability in Apache Commons Text made headlines this week. This vulnerability, dubbed Text4Shell or Act4Shell, i

Oct 27, 2022 3 min read