The monthly minimum wage is TL 13,414.50 gross and 11.402.00 net.
Discover your worth with SupportFinity insights to see how your base salary
stacks up, excluding benefits and stock options.
The monthly minimum wage is TL 13,414.50 gross and 11.402.00 net.
The individual income tax ranges from 15% to 40%. Income tax is calculated according to progressive rates.
Gross Annual Income in TRY | Tax Rate (%) |
---|---|
0 – 70,000 | 15% |
70,000 - 150,000 | 20% |
150,001 – 550,000 | 27% |
550,001 – 1,900,000 | 35% |
Above 1,900,000 | 40% |
The employer cost is generally estimated at 17.5% of the employee salary:
Please note: The minimum salary used for the calculations is TL 13,414.50 and the maximum salary is TL 100,608.75.
*The Social Security Institution (SSI) incentive is a discount that is applied when Social Security payments are made on time.