ARTICLE · 31 MARCH 2023

How Will The Earthquake Allowance Exemption Be Applied?

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In the in-kind allowances, there is no limitation on the nature and amount.

TurkeyTax

General Communique No: 2 has been published on the Official Gazette (dated March 25, 2023 and numbered 32143) for the procedures and principles regarding the allowances provided to the earthquake victim employees.

1. What are the conditions for this exemption?

To be able to benefit from the exemption, this allowance;

Should be made from February 6, 2023, to July 31, 2023 (including these dates),
Should be made for the employees whose her/himself, spouse, child, or parents were affected by the earthquake.
If it is cash, should not exceed 50,000 TRY in total.
Should be made in addition to the current salary, premium, bonus, etc.

2. What will happen for the amount exceeds the exemption amount?

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