The statutory deductions applicable in a standard Turkish
payroll are social security premium, income tax, and stamp tax.
Also, the salaries generated from liaison offices in Turkey are
exempt from income tax per the article 34/14 of Income Tax Law and
these are only subject to social security.
Social Security Premium
Social Security Premium are calculated over wages monthly and
are paid jointly by the employee and the employer. The contribution
rates are as follows:
|
Employee |
Employer |
| SSI Premium |
%14 |
%20,5 |
| SSI Unemployment Premium |
%1 |
%2 |
| Total |
%15 |
%22,5 |
| Discount** |
|
%5 |
| Total Discount Included |
%15 |
%17,5 |
**Timely payment of social security premiums by the employer is
a pre-condition for applying the employer discount (Incentive No.
5510.)
